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y was based on approximately 72 restricted stock transactions from 1991 through 1995. The overall average discount for the study was 20.0%. 25 From FMV Restricted Stock Study. 26 From Michael Henze] and Richard L. Smith, "Market Discounts and Shareholder Gains for Placing Equity Privately," The Journal of Finance, June 1
s% mil %.1.939.4 dupxau upwesta indri Sic MADS132 AMICAL. ICS. 'ad 110RT MANN teud Tle %%dm, eusledoptal Jaculuaus %%imam tolecto0 duits. lusted.. ticcusecIstui spsultes. cul domul cyareessa teanufwlenu R die aul isae4t Induaducle fw ur.-6.1: des. coi ...dl% uni %t'el udl n speckaplsenu and die katt, Un e
y was based on approximately 72 restricted stock transactions from 1991 through 1995. The overall average discount for the study was 20.0%. 25 From FMV Restricted Stock Study. 26 From Michael Henze] and Richard L. Smith, "Market Discounts and Shareholder Gains for Placing Equity Privately," The Journal of Finance, June 1
s% mil %.1.939.4 dupxau upwesta indri Sic MADS132 AMICAL. ICS. 'ad 110RT MANN teud Tle %%dm, eusledoptal Jaculuaus %%imam tolecto0 duits. lusted.. ticcusecIstui spsultes. cul domul cyareessa teanufwlenu R die aul isae4t Induaducle fw ur.-6.1: des. coi ...dl% uni %t'el udl n speckaplsenu and die katt, Un e
y was based on approximately 72 restricted stock transactions from 1991 through 1995. The overall average discount for the study was 20.0%. 25 From FMV Restricted Stock Study. 26 From Michael Henze] and Richard L. Smith, "Market Discounts and Shareholder Gains for Placing Equity Privately," The Journal of Finance, June 1
s% mil %.1.939.4 dupxau upwesta indri Sic MADS132 AMICAL. ICS. 'ad 110RT MANN teud Tle %%dm, eusledoptal Jaculuaus %%imam tolecto0 duits. lusted.. ticcusecIstui spsultes. cul domul cyareessa teanufwlenu R die aul isae4t Induaducle fw ur.-6.1: des. coi ...dl% uni %t'el udl n speckaplsenu and die katt, Un e
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