Fairness Opinions in Mergers and Acquisitions


Summary

This practice note discusses the purposes and contents of fairness opinions in M&A transactions. This practice note discusses the typical contents of fairness opinions, information commonly reviewed by a financial advisor in an M&A transaction, valuation analyses that may be performed, and disclosure requirements of fairness opinions. This practice note does not contain sample text that may be found in a fairness opinion. For examples of fairness opinions with commentary, see Sell-Side Fairness Opinion and Buy-Side Fairness Opinion.