Hi all,
If the company I am valuing has FYE June 30 and my valuation date is May 30, 2017 with expected deal close date of Aug 30, 2017. Which date should I pick to calendarize: valuation date or expected deal close date?
Thx a million!!!
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The title of this post gave me PTSD.
Theoretically, you have a few options and it shouldn't really matter which you choose, but best is probably to use the target's FYE (June 30) with a stub period.
So stub period for May 30 2017 - June 30 2017 and then just projected fiscal years.
Honestly though, a month is small enough stub period, you might as well just say fuck it and leave out the stub period and just do fiscal years.
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