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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
ad preinx4 IdtpIony pNpD..ardmNit Nous compaisfs prochcIsIMI 4nsbk ntImrk Conn«11,1) (MIMI «w Mes mes ottels...tdos herottt eber hop (gids ani490N. Eaasei arlsurl. aostfeep<udi end 01033. nstdu sdmin% pmerluss ashmss ad Indo. end 11CA 00003 albJp aM14T(iEARmuØnsPndruslluwplrOakllaJ Ma«, Men: rdAaet. id
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
ad preinx4 IdtpIony pNpD..ardmNit Nous compaisfs prochcIsIMI 4nsbk ntImrk Conn«11,1) (MIMI «w Mes mes ottels...tdos herottt eber hop (gids ani490N. Eaasei arlsurl. aostfeep<udi end 01033. nstdu sdmin% pmerluss ashmss ad Indo. end 11CA 00003 albJp aM14T(iEARmuØnsPndruslluwplrOakllaJ Ma«, Men: rdAaet. id
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
ad preinx4 IdtpIony pNpD..ardmNit Nous compaisfs prochcIsIMI 4nsbk ntImrk Conn«11,1) (MIMI «w Mes mes ottels...tdos herottt eber hop (gids ani490N. Eaasei arlsurl. aostfeep<udi end 01033. nstdu sdmin% pmerluss ashmss ad Indo. end 11CA 00003 albJp aM14T(iEARmuØnsPndruslluwplrOakllaJ Ma«, Men: rdAaet. id
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