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Trading: Mergers



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I am currious if I am calculating this correctly.

Company A will buy all of Company B's shares for 25 million, 1/2 in cash
and 1/2 in stock. Company B has 4.45 miilion shares.

So that would mean that company B shareholders will receive $5.61/share.

So if the last sale on company B was $2 then the price should go up and
if the last sale of company B was $10 then the price would drop.
I am aware that there could be other deals based upon closing prices of
both stocks, etc. But in general am I doing this correctly.

Thank you,
Harley