Over the years, Morgan Keegan has rendered a significant number of fairness opinions to boards of directors, special committees and trustees as to the fairness of financial terms for a proposed transaction. We combine practical experience with theoretical techniques to provide well-developed, well-documented fairness opinions. Morgan Keegan's stature, work product and expertise provide the necessary assurances to all stakeholders in this highly regulated environment. In addition, valuations are the foundations of our merger, acquisition and divestiture advisory practice. We complete in-depth valuation analyses on a regular basis, using a variety of analytical tools, including:
- Comparisons to public company peers
- An analysis of completed transactions with similar attributes
- Discounted cash flow analyses, using various scenarios
- Relative contributions of the respective companies
- Premiums paid in similar types of transactions
- Historical exchange ratio analyses
- Impact on pro forma projected earnings of the combined entity
- Other analyses as warranted
