DLOMs in Fair Value Cases: Lack of Marketability Does Not Cause Private Company Discounts
Business Valuation Australia
October 15, 2016
Gilbert E. Matthews, MBA, CFA
Are private companies worth less than public companies solely because they are not publicly traded or because of other identifiable factors (some of which would apply to various public companies as well)? A school of thought consisting of experienced and thoughtful experts believes they are. U.S. valuers Shannon Pratt and Roger Grabowski set forth this view ...