Issacson Inc. has 2,500,000 shares that are currently selling at $30.50 per shares. They are considering making a stock-for-stock offer to acquire The Kissinger o. Kissinger has 450,000 shares outstanding that are selling for $47.25. If the stock-for-stock transaction takes place at the ratio between the current share prices, what portion of the post-acquisition firm will the old shareholders of The Kissinger Co. hold after the transaction?
O 10.41%
O 21.80%
O 15.25%
O 25.06%
O 18.00%



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