Post by ValueTrust Financial Advisors
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How decisive is the stock price in squeeze-outs and BGAVs? Recent BGH decisions and the introduction of IDW S 17 have brought renewed focus to the role of the stock price in assessing appropriate compensation. Yet the questions remain: • How liquid are minority shareholders’ shares in practice in the context of structural measures? • What patterns can be observed in share price behavior? • How relevant are observed own betas? Taking Private Database provides exclusive empirical evidence Based on our proprietary Taking Private Database and more than 150 taking-private transactions between 2005 and 2025 we provide unique, case-independent empirical evidence on these questions. Study findings provide empirical context for the current debate: Target shares are often more liquid than expected, while WpÜG criteria alone may not be enough to assess whether the stock price is a reliable lower threshold. At the same time, declining volatility and own betas prior to structural measures raise important questions about price formation and the measurement of true economic risk. The study offers judges, legal advisors, valuation experts, and auditors previously unavailable empirical insights, along with practical guidance for assessing real-world situations. For more information: https://lnkd.in/dRhm6bB4 #valuetrust #takingprivate #valuation #liquidity #publictakeover #abfindung #börsenkurs #unternehmensbewertung