Getting a fair deal — A fairness opinion can help

Description

Abstract: A fundamental question concerning any business transaction is whether it’s a fair deal. But how is fairness determined? A fairness opinion stating whether a proposed merger, acquisition or other transaction seems fair in light of the financial circumstances is typically the first step. But the fairness opinion must be well supported and well reasoned to hold up to legal scrutiny. This article defines a fairness opinion and explains why companies might need one.