fairness opinion

fairness opinion definition - finance
A valuation of a merger, a joint venture, or some other financial arrangement or investment by an independent organization. Typically, fairness opinions are written by investment banks or other financial advisors who are hired by companies to provide an independent opinion about a merger and the price being paid.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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