Sunbeam management indicated that it could reap $150 million in cost savings and other synergies by combining the operations of the four companies. The acquired com¬panies had combined 1997 sales of $1.6 billion, 10,120 employees, and 21 plants. Sunbeam's stock rose to a high of $53 following news of the deal. Exhibit 8 provides some details on the three acquisitions and their effect on Sunbeam.