> It's not really about the offer being made on the basis of public information though, is it. The fact that it's based on public information puts the valuatio

> It's not really about the offer being made on the basis of public information though, is it. The fact that it's based on public information puts the valuation's reasonableness on a very strong foundation, and allows the defendant to be far more confident that their offer will actually exceed a fully-litigated award.