The professional opinion of an investment bank, provided for a fee, regarding...
An investment banker's professional opinion as to the price an acquiring firm is offering in a takeover or merger.
Opinion by an investment bank or valuation firm that a tender offer or restructing transaction is "fair from a financial point of view". Fairness opinions should be read with some skepticism because the issuer is not entirely unbiased and may be the entity which structured the transaction and certain assumptions may have been provided.
a letter issued by an investment bank that charges a fee to assess the fairness of a negotiated price for a merger or acquisition.
An opinion as to whether or not the consideration in a transaction is fair from a financial point of view.
A fairness opinion provides an independent objective analysis of a transaction from the point of view of a party independent of those who are party to the transaction. Any number of factors in deals involving either public and private companies can trigger the need for a fairness opinion. Fairness opinions are frequently used to protect the interests of company directors, stockholders, investors and involved parties with any kind of fiduciary responsibility. Fairness opinions are often requested in deals involving public offerings, leveraged buyouts or major refinancing/restructuring.
A report put together by qualified analysts or advisors providing to key decision makers an evaluation of and facts about a merger or acquisition.