All's fair, whatever that means
|Area||Corporate Finance and Securities|
Article originally published in the Canadian Lawyer Magazine, June 2014
Excerpt from: "All’s fair, whatever that means":
Many of us become experts on what is “fair” at a very, very early age. The common expression of this expertise, of course, is oriented toward what is “not fair.” Fairness opinions in the M&A world, rendered by financial advisers to company boards as to the “fairness” of a proposed transaction, bear certain similarities to the protestations of an aggrieved toddler.