easy · Investment Banking

An analyst is evaluating an all-stock merger. Acquirer Co has a P/E of 20x and Target Co has a P/E of 10x (including the premium).

Assuming no synergies and ignoring the impact of new D&A, will this deal be accretive or dilutive to the Acquirer's EPS?

  1. Cannot be determined without the share prices
  2. Dilutive
  3. Neutral
  4. Accretive

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