Why get a fairness opinion for a privately held company?
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"post_summary": "<p>Fairness opinions are a fact of life in transactions involving public companies. There is a general consensus that the fairness opinion is a powerful tool in protecting boards of directors from liability related to a transaction. For a public company, a board of directors’ careful consideration of an independent fairness opinion can be the strongest protection against accusations of, and liability for, fiduciary failure. But, why is a fairness opinion needed by privately held companies?</p> \n",
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}Valuations: Looking Behind the Curtain
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"post_summary": "<p>Valuations professionals are often expected to know the value of every business to the penny; however, business appraisal is not an exact science, even as it follows the parameters of a standardized methodology. The analyst’s expertise and judgment are equally important in the process of analyzing value. Each valuation has a certain amount of wiggle room, which is valuable and necessary to the process. While it’s true that a valuation has an element of subjectivity, much of the benefit a client receives from a valuation is from that same subjectivity.</p> \n",
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