Business Valuation: Control Premium and Minority Discount
{"Image DocumentName": "Business Valuation: Control Premium and Minority Discount", "Image ImageDescription": "Lack of Control/Minority Discount. Supermajority Requirement \u2013 About a quarter of the states require something more than 50% plus 1 share vote to approve certain major corporate actions, such as selling out or merging. Thus, a discount for a lack of supermajority may be appropriate. Swing Vote Potential \u2013 Depending on distribution of the stock, a minority, swing block could have the potential to gain a premium price over a pure minority value. Interest of 50% - Discount from lack of control value should be less for the interest with some control prerogatives and a little greater for the interest without the control prerogatives. Many experts feel that publicly-traded stocks generally sell at a control value.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}