title: Fairness opinions in health care transactions--cause and effect: the emergence of private equity funds as a driving force in big and small transactions and the resulting increased use of fairness opinions.
abstract: The use of fairness opinions has become increasingly common with respect to the sale or merger of any company or division in a private equity funded or sponsored deal. The fairness opinion is often used to demonstrate that the value at which the transaction took place was a fair value to the selling company and thus did not improperly or unfairly leave the common holders with little consideration. This article covers rules and guidelines that should be adhered to in the issuance and review of fairness opinions.
authors.affiliation: McGuireWoods LLP, Health Care Department, Chicago, USA.
authors.forename: Scott
authors.initials: S
authors.lastname: Becker
authors.forename: Ron
authors.initials: R
authors.lastname: Lundeen
mesh_terms: D000066:Accounting / Q000941:ethics* / Q000331:legislation & jurisprudence; D002202:Capital Financing / Q000941:ethics* / Q000331:legislation & jurisprudence; D016265:Conflict of Interest; D003253:Consultants; D032982:Contracts; D003659:Decision Making, Organizational; D030881:Disclosure / Q000941:ethics; D004991:Ethics, Institutional; D006075:Governing Board; D017408:Guidelines as Topic; D019981:Health Care Sector / Q000941:ethics* / Q000331:legislation & jurisprudence / Q000458:organization & administration; D006273:Health Facility Merger / Q000191:economics / Q000941:ethics; D006801:Humans; D007449:Investments / Q000191:economics / Q000941:ethics; D017149:Private Sector / Q000191:economics / Q000941:ethics / Q000331:legislation & jurisprudence*; D011367:Professional Staff Committees; D012935:Social Justice; D014481:United States