4 ms·
Another point you need to consider is that private acquisitions typically cost a 15% to 30% discount on the P/E multiple compared to their public brethren; liqu
by tankenmate 11y ago
Another point you need to consider is that private acquisitions typically cost a 15% to 30% discount on the P/E multiple compared to their public brethren; liquidity (in this case convenience liquidity) costs money.[0]
[0] http://www.sciencedirect.com/science/article/pii/S0304405X06001966 http://www.sciencedirect.com/science/article/pii/S0304405X06...