A professional opinion, provided by an investment bank or other third party, about whether the price offered in a merger or acquisition deal is reasonable.
the takeover is subject to a number of conditions, including financing, the company's receipt of a fairness opinion, and regulatory approval
Example sentencesExamples
Flowers issued a "fairness opinion" on the deal, endorsing the 70% premium Bank of America paid for the shares of Merrill Lynch.
For their part, investment bankers defend fairness opinions.
BTG hired Quarterdeck to write the fairness opinion on the deal it had negotiated.
As in fairness opinions, the valuation here can be manipulated.
The crusade could aid reformers who argue that independent firms should write fairness opinions.
Definition of fairness opinion in US English:
fairness opinion
noun
Finance
A professional opinion, provided by an investment bank or other third party, about whether the price offered in a merger or acquisition deal is reasonable.
the offer was put to shareholders without a customary fairness opinion by a financial adviser
Example sentencesExamples
As in fairness opinions, the valuation here can be manipulated.
For their part, investment bankers defend fairness opinions.
The crusade could aid reformers who argue that independent firms should write fairness opinions.
BTG hired Quarterdeck to write the fairness opinion on the deal it had negotiated.
Flowers issued a "fairness opinion" on the deal, endorsing the 70% premium Bank of America paid for the shares of Merrill Lynch.