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Kinda odd that so many companies pay money for fairness opinions (M&A, capital raising, major transactions) that specifically identify fairness from solely a "F
by thoughtstheseus 8y ago
Kinda odd that so many companies pay money for fairness opinions (M&A, capital raising, major transactions) that specifically identify fairness from solely a "Financial" point of view to shareholders. I always thought it was to avoid lawsuits.
- TheCoelacanth 8y agoI don't think they are asserting that shareholders never can successfully sue companies, just that a company making a business decision that doesn't maximize profit is not something shareholders can successfully sue over.