http://ift.tt/eA8V8J
Posted by Robert Bartell and Christopher Janssen, Duff & Phelps, on Wednesday, April 19, 2017
Editor’s Note: Robert Bartell is Global Head of Corporate Finance and Christopher Janssen is Global Head of Transaction Opinions at Duff & Phelps. This post is based on a Duff & Phelps publication.
Questions about the utility of fairness opinions have periodically seized headlines for many years. As the leading fairness opinion advisor, we can readily speak to the value of the opinions we provide and the best practices we observe in rendering them. But when addressing broad industry criticisms—in particular that fairness analyses generally provide valuation ranges too wide to be useful and that they are too reliant on “mechanical” discounted cash flow (DCF) analyses—our arguments have lacked the force of empirical data beyond our own client work.
April 19, 2017 at 06:32PM
from
No comments:
Post a Comment