Rural/Metro and financial advisors in Delaware Chancery Court: Insights on fairness opinions from Professor David Denis

Rural/Metro and financial advisors in Delaware Chancery Court: Insights on fairness opinions from Professor David Denis

Tiago Duarte-Silva
Financial Services

In this Q&A, we speak with Professor David Denis, who researched the empirical data on fairness opinions and published “Information Production by Investment Banks: Evidence from Fairness Opinions” last year in the Journal of Law and Economics. This article directly examines whether financial advisors’ fairness opinions tend to under- or over-value the acquisition target and, if so, by how much. To read the interview, click the link below.

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