RE:RE:RE:Recent deals…No, I do not think they have to hire an additional advisor. They buyer would most likely have their own advisor/consultant doing a fairness opinion on their behalf. In the event of one advisor representing both sides of the transacation they would have to be impartial and thats where working with a reputable company like USCG comes into play.
Either way a major component of the fairness opinion is going over comparable, relevant transactions that both the selling and buying parties would review and use their judgement based on that information on giving their approval to proceed with the transaction. Due diligence is paramount in dealing with transactions this size.
I beleive Cynthia does, and has for quite some time, an idea of what a fair price is for the Ishkoday. She definetly has the experience! It has been quite some time now since engagement of USCG and the appointment of the special comittee, Here's to hoping we are in the home stretch an things are very very close to complete!