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fairness opinion |
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Fairness opinion An investment banker's professional opinion as to the price an acquiring firm's is offering in a takeover or merger.
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| JPMorgan also provided a fairness opinion for Trizec Properties. A CFO, board member, or legal counsel calls with, "We need a fairness opinion for the board to vote on our pending deal. These costs include professional or other fees incurred to structure the proposed transaction, to obtain regulatory or shareholder approval and to secure an appraisal, written evaluation or fairness opinion related to the transaction. |
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