Importance of Fairness Opinion

Importance of Fairness Opinion
A Fairness Opinion is made from a financial point of view, which review the complete transaction of a company. The review is basically done by a third party or by an investment bank. The fairness opinion is mainly considered in the situation of merger, acquisition, buyback, spin-off or privatization. Getting a Fairness Opinion is importance for the board of directors to prove that they are acting in best interest of the shareholders and the transaction