Deal Terms and Conditions
Cash Portion of Offer Price (%) 0.174
Equity Portion of Offer Price (%) 0.826
Percent of Anticipated Synergy Shared with Target % 1.00
Specific Firm Data
Acquirer Share Price ($/Share) 102.50
Target Share Price ($/Share) 90.27
Target Shares Outstanding (Millions) 64.40
Acquirer Shares Outstanding, Pre-Closing (Millions) 44.60
PV of Anticipated Net Synergy ($M) (@11% WACC) 2650
% Shared Offer Price Offer Price Post-Acq.
Cleveland-Cliffs Acquires Alpha Natural Resources: Offer Price Simulation Model
Post-Acquisition.EPS
Altenative Scenarios Based on Different Amounts of Synergy Shared with Target