Merger Analysis Marston Marble Corporation is considering a merger with the Conroy Concrete Company. Conroy is a publicly traded company, and its…
Merger AnalysisMarston Marble Corporation is considering a merger with the Conroy Concrete Company. Conroy is a publicly traded company, and its beta is 1.20. Conroy has been barely profitable, so it has paid an average of only 20% in taxes during the last several years. In addition, it uses little debt, its target ratio is just 25%, with the cost of debt 9%.If the acquisition […]