Question 14
Sometimes, companies will buy stock in businesses owned by one or more of their competitors in order to gain some control over the competing companies. Suppose Company X buys a 500-block share of stock in each of two of its competitors. The first competitor is a small regional company. The block of its stock cost 25,000 dollars less than half as much as the block of the other competitor’s stock, which is a large national company. Together, Company X pays 155,000 dollars for the two blocks of stock. How many more thousands of dollars did Company X spend on acquiring the stock of the national competitor than the regional one?