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October 31, 2026
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It might help to take a look at the SEC filing for a recent M&A transaction. Public companies will typically have a fairness opinion completed as part of the transaction.
A solid example would be JPM's fairness opinion for the Merck-Schering Plough deal:
http://sec.gov/Archives/edgar/data/310158/000095012309009217/y77207sv4…
(See page 64)
Not sure about books/materials on Fairness opinions, but its basically the same valuations used in M&A, just on steroids and with everything footnoted like crazy.
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