Pearl, Incorporated, has offered $542 million cash for all of the common stock in Jam Corporation. Based on recent market information, Jam is worth $504 million as an independent operation. If the merger makes economic sense for Pearl, what is the minimum estimated value of the synergistic benefits from the merger? (Enter your answer in dollars, not millions of dollars, e.g., 1,234,567.) Minimum synergistic benefit

          Pearl, Incorporated, has offered $542 million cash for all of the common stock in Jam
Corporation. Based on recent market information, Jam is worth $504 million as an
independent operation. If the merger makes economic sense for Pearl, what is the
minimum estimated value of the synergistic benefits from the merger? (Enter your
answer in dollars, not millions of dollars, e.g., 1,234,567.)
Minimum synergistic benefit