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QUESTION
In the acquisition described above, Newscorp paid $60 per share for the outstanding shares of Dow Jones and Company.
In the acquisition described above, Newscorp paid $60 per share for the outstanding shares of Dow Jones and Company. Immediately prior to the Newscorp bid, the shares of Dow Jones traded at $33 per share. What value did Newscorp place on the control of Dow Jones and Company?
