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Aren’t the private assets held at book value (historical purchase price less goodwill and depreciation) and so likely dramatically understate market value?
by voisin 5y ago
Aren’t the private assets held at book value (historical purchase price less goodwill and depreciation) and so likely dramatically understate market value?
- danielmarkbruce 5y agoYup, the book value is almost certainly understating what the assets are worth. But that isn't always the case. So, it basically means nothing. Folks have to do the analysis, and in this case they have.