Baxter Fentriss & Company

INVESTMENT & MERCHANT BANKING

“Committed to Sound Advice, Solid Analysis, and Outstanding Execution”

Baxter Fentriss & Company

9100 Arboretum Parkway, Suite 280

Richmond, Virginia  23236

Tel: 804.323.7540     Fax: 804.323.7457

 

Fairness Opinions

 

When the time comes for the purchase or sale of a company, the respective Boards have the fiduciary responsibility to ensure that the transaction is completed on terms that are fair to its shareholders.  For public companies, or companies with minority shareholders, the Smith vs. Van Gorkom case has put a heavy burden on the Board to document the use of professional advisors to attest to the fairness of material transactions. After reviewing published financial information, analyzing and comparing relevant public information, comparing the terms of the transaction with other comparable transactions, reviewing prices of previous transactions in the participant companies and providing other analysis and examinations as appropriate, Baxter Fentriss & Company will provide an independent, objective fairness opinion that will assure your board that it has fulfilled its responsibility to its shareholders. Our opinion will provide documentary evidence of the process and a written evaluation of material issues which can be submitted directly to the SEC and used in the event the transaction is ever challenged.

 

 

Fairness Opinions