The Standard and Poor's Guide to Fairness Opinions Book

"Anyone who serves as a fiduciary will welcome this guide to the ins and outs of fairness opinions. When are they useful? Who should provide them? What are the hallmarks of quality? This volume provides answers to these questions and many more. In today's environment of heightened accountability, directors, trustees, and other fiduciaries will want this essential resource at their fingertips."

-Lynn Sharp Paine, Professor of Business Administration, Harvard Business School

In The Standard & Poor's Guide to Fairness Opinions, experts from the leading provider of trusted valuation and financial advisory services examine key aspects of the fairness opinion process, from what fairness opinions accomplish, to rights and responsibilities of the fiduciary to ways to avoid pitfalls, and more.

Decision makers and other professionals looking to understand and effectively use fairness opinions will get detailed coverage of the:

• Role of the fairness opinion and the provider
• Standard valuation approaches and alternative methodologies
• Special situations and technical issues that often arise
• Disclosure requirements under Rule 13E-3
• Risk assessment and due diligence
• Utility of fairness opinions

Philip W. Wisler is a Managing Director of Standard & Poor’s Corporate Value Consulting and National Director of Fairness Opinion Services.

Philip Clements is the former Executive Vice President of Standard & Poor's Corporate Value Consulting.