easy · Investment Banking

An acquirer with a P/E of 15.0x plans to acquire a target with a P/E of 10.0x.

If the deal is financed with 100% stock and no synergies are achieved, what is the expected impact on the acquirer's EPS?

  1. Neutral
  2. Dilutive
  3. Cannot be determined
  4. Accretive

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