Updated data for estimating DLOC in closely held holding companies

BVWireIssue #226-3
July 28, 2021

discounts & premiums
discount for lack of control (DLOC), family limited partnership (FLP), discount

Closed-end fund (CEF) data are commonly used to derive discounts for lack of control (DLOC) for closely held holding companies invested in marketable securities. Updated versions (to January 2020) of two sources of CEF data, prepared by Bruce A. Johnson and James R. Park, are now available:

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