Fairness Opinions

Fairness opinions are used to aid fiduciaries in making decisions that affect the people whose financial interests are at stake.  In a litigious environment, corporate transactions are subject to increased scrutiny especially when potential for conflicts of interest exists.  The integrity of expert opinions that judge the fairness of mergers, acquisitions and other transactions is more important than ever.

In addition to extensive transaction and valuation experience, Paragon Advisory Services, Inc. offers important objectivity in evaluating the financial fairness of corporate transactions.  Constituencies served by the professionals of Paragon include boards of directors, special independent board of director committees, shareholders, fiduciaries such as ESOP trustees and other parties involved in change of control or other transactions.

In evaluating the consideration or financial terms of a transaction or reorganization, Paragon Associates, Inc. considers:

          The value of the businesses or assets transferred or exchanged

          The value and form of the consideration received or paid

          Available alternatives offering greater value than proposed transaction

          Whether the parties are financially better off as a result of the transaction

          The extent to which the proposed transaction adds value to the transaction parties

As corporate transactions receive increasing scrutiny from shareholders and regulators, the role of fairness opinions issued by credible and objective financial professionals has become more important.  The professionals Paragon provide independence and thoroughness as effective tools in protecting fiduciaries and shareholders.