Deja Vu #11: Can Restricted Stock Studies Be Used to Estimate DLOMs for Dividend-Paying Companies?
Chris Mercer
AUGUST 1, 2022
Were also bigger and had higher market capitalizations and better operating performance, on average. The differing natures of the two groups of transactions can be seen when looking at the price/book value multiples. And what about the terminal value that gives rise to capital appreciation?
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