A Second Fairness Opinion Can Bring Independence to M&A Decision Making

BVResearch Pro
Willamette Insights
August 1, 2004
Andrew Ward

Summary

Transactional fairness opinions became common following the landmark case Smith v. Van Gorkom. In that case, the board of directors of Trans Union Corp. decided to sell the company fol-lowing just two hours of deliberations.1 The Delaware Supreme Court ...
A Second Fairness Opinion Can Bring Independence to M&A Decision Making
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