Bootstrapping And EPS post merger

CFA Level II Corporate Finance
#1

I am having trouble understanding why the EPS of the acquirer would go up following an acquisition?

I get it that the acquirer P/E ratio must be greater than P/E of the target company for the bootstrap to happen . But let’s say that company A being the acquirer uses stocks to buy the target company , Wouldn’t that make the Post merger EPS smaller given that A has issued more shares

#2

They’ll have higher earnings as well as more shares, and the percentage increase in earnings is higher than the percentage increase in shares.