Fairness Opinions: Avoiding “That’s Not Fair” From Stockholders

Increased activity in the M&A market may be mirrored by an increase in stockholder litigation challenging board decisions, particularly related to public company transactions. To avoid stockholder complaints about the financial fairness of a transaction, boards should consider obtaining an objective fairness opinion from a financial advisor as part of the transaction approval process. A fairness opinion provides an indication that the purchase price stockholders will receive is fair from a financial point of view. Learn more about how fairness opinions are used in the M&A process.       

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