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Fairness Opinions, Experts, and the Courts: A Comparison of Valuation Methods in Delaware Appraisals (Chinese translation)

Authors:
  • Sutter Securities Financial Services, San Francisco

Abstract

Chinese translation of article that discusses the valuation methods used by fairness opinion providers, expert witnesses, and the Court of Chancery in statutory appraisals. It also posits that the Court should make greater use of the comparable company method, which is used in most investment bankers' fairness opinions but is seldom used by the Court.
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䲌 স䒿 ڑըӉ ⮰ճ ⮰ ᕓąȠ ᰬ倄
䮎౔ ᱋ᝬ Ą⣜ ≭ោ ∁⮰ ќ࠱ ᒴๆ
ڑըÿÿ౳㷗ᩢڑ㤞ȟผ౔โ⮰䃰ќტ䉔
⪽ÿÿ㔸䔅χ䒿ڑը⮰ᓚᄻߔᄲᄨ㜠ќը㏿᳈
⮰ጔ๓ጚᐮąȠ
䉎ߍ䶰≷܌ͺⅤ䔈⣜䔼Ꭰࡳ䊷߫喏㏴ը
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⮰េ㵸ܲ᲼ጴϺ㏻侸喏๓ๆ᪜ژᬌ∁䓪᜼ႯИ
5Ꭰ䉎ߍ䶰≷ȠᎢ喏්䪫Ὅಷճ䃪⮰᭛ᠭ㐙⮰
්䪫喏Ꭲ᱖㔯㭽Э⮰⩋঩ঔ᱋⮰䷺䮕Ƞ⣜䛽≭ោ
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⣜䛽≭ោ⣜∁᭛㇪۲⮰䃰ќ󰪆∁喏䰬㺭㷗ڢЂ󰪆
∁喋ຮ℀ژ∁ )侸䃭Ƞ
ఇȟ∁Ꮩᄥκ℀ژ∁⮰ᘻ㻭
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㻰Ὅ᭪㦃๓κⰚᴳژ㻰Ὅ喏℀ژⰚᴳژ
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ᆁݹᮛᰵᝬふふȠڟκژ㻰Ὅ⮰喏∁Ꮩ
∔ᘻݜ喝
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℀ژ∁౔េ㵸ܲ᲼ጴ⮰ژ٭ᘻ㻭⮰ᠭ㐙ҫ⩔ѿ
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󰪆∁౔ќը⮰䲌ᕓȠຮ᳈⣜䛽≭ោ⣜∁⮰䃰ќ
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ᰵ⮰䭼ݢᕓą12Ƞ
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