All's Not Fair in Love and Mergers

Gordon, Jeffrey M.
March 2000
Financial Executive;Mar/Apr2000, Vol. 16 Issue 2, p45
Academic Journal
The article reports on the fairness opinion in a merger or sales transaction. In terms of risk management a fairness opinion which affirms that an acquisition of sales transaction is financially fair for a company's stockholders is important but frequently overlooked. Public companies participating in merger or acquisition deals almost always are required to have these opinions but privately held companies can obtain them as well. Fairness opinions can better enable senior management to make decisions about change of control transactions.


Related Articles

  • Join the Club? Can Strategic and Private Equity Investors jointly Pursue Acquisition Opportunities?  // Venulex Legal Summaries;2008 Q2, Special section p1 

    The article examines whether strategic and private equity investors can jointly pursue acquisition opportunities. The potential challenges that can arise in a partnership between strategic and private equity investors due to the credit crunch and the execution risk associated with private equity...

  • Ready For Better Days. Hunter, David // Chemical Week;6/9/2004, Vol. 166 Issue 19, p3 

    Explains the possible change in the role of senior financial officers (SFO) in the chemical industry discussed at the SFO conference sponsored by "Chemical Week" magazine, held in New York in 2004. Indicators of an increase in merger and acquisition activity of the industry; Role of finance in...

  • Unlikely partners. Frith, Damon // BRW;5/3/2007, Vol. 29 Issue 17, p20 

    The article analyzes the similarities and differences between private equity firms and large public companies in Australia in terms of taking over well-managed public companies. Public companies have restrictions in their takeover strategies because they need to be conservative in their risk...

  • This Time, M&A Madness is Tempered with Caution. Lindorff, Dave // Treasury & Risk Management;Jul/Aug2004, Vol. 14 Issue 7, p22 

    Focuses on the effect of investor cynicism and the Sarbanes-Oxley Act on merger and acquisition plans of executives across the U.S. Reference to the case of Journal Register Co., a publicly held newspaper chain, who wants to buy 21st Century Newspapers; Effort of the Securities & Exchange...

  • Deutsche Makes Move as Hedge Fund Administrator. Garmhausen, Steve // American Banker;2/25/2008, Vol. 173 Issue 37, p17 

    The article reports on Deutsche Bank AG's acquisition of a California hedge fund administration business. Deutsche bought HedgeWorks LLC, which has more than $10 billion of assets and 100 hedge fund clients. F. Jim Della Sala said his company has a lot of work to do to catch up to industry...

  • Private Versus State Ownership and Spillover of Investor Protection Standards in Interprovince Mergers: Evidence from China's Emerging Market. Hongbo Pan; Donghui Li; Xinping Xia; Minggui Yu // Emerging Markets Finance & Trade;Nov/Dec2010, Vol. 46 Issue 6, p86 

    This paper examines the spillover effects of investor protection standards for interprovince mergers in China's emerging markets. Using a sample of 372 mergers, we find that if the provincial investor protection of the acquirer is better than that of the target, a privately owned acquirer will...

  • The private equity casino. Côtô, Marcel // CA Magazine;Aug2007, Vol. 140 Issue 6, p60 

    The author discusses his insights regarding the private investor approach to its compensation system. According to the author, private equity investors interested in privatizing poorly managed or undervalued companies view their management of public companies into private ones as win-win...

  • Principal Investment Sectors: 2.6 Mergers and Acquisitions and Joint Ventures. Bradbury, Sara; Kent, David; Rosenberg, Daniel; Webb, Paul // Investors' Guide to the United Kingdom;2006, p75 

    Deals with the areas designed to give the individual overseas investor, or an overseas company investing in Great Britain, a major start in the country, namely; private company acquisitions, public company acquisitions and joint ventures. Warranties and indemnities given by a seller to a buyer...

  • GROUPON: A BRIEF HISTORY.  // Crain's Chicago Business;3/4/2013, Vol. 36 Issue 9, p0013 

    The article presents a brief historical background of the company Groupon based in Chicago, Illinois. It notes its acquisition of its European rival CityDeal on May 17, 2010. It cites that 950 million U.S. dollars were raised by the company from investors on January 10, 2011. It also states that...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics