Why do boards of directors of both acquiring and target companies often obtain so-called "fairness opinions" from outside
investment advisors or accounting firms? What valuation methodologies might be employed in constructing these opinions?
Should stockholders have confidence in such opinions? Why/why not?

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The Answer of Why do boards of directors of both acquiring and target companies often obtain so-called "fairness opinions" from outside
investment advisors or accounting firms? What valuation methodologies might be employed in constructing these opinions?
Should stockholders have confidence in such opinions? Why/why not?

Why Do Boards of Directors of Both Acquiring and Target