Corporate scandals over failed mergers and unjustifiable purchase prices have led to greater fiduciary responsibility for parties involved in managing and governing companies. As a result, interest in fairness opinions has increased as boards and other key decision makers attempt to limit their liability through heightened due diligence and improved transaction processes.
A fairness opinion isn’t an opinion about the best price that can be achieved for a transaction but rather a judgment from a qualified and independent party regarding the appropriateness of a transaction based on the financial consideration being given or received. You can count on us to respond when a fairness opinion is required.
