A fairness opinion is a professional evaluation provided by an independent appraiser or investment banker, assessing the fairness of the price proposed in corporate transactions such as mergers, takeovers, or leveraged buyouts. This document aims to ensure that the offered price is equitable and serves the best interests of the shareholders.
An investment banker is a firm acting as an underwriter or agent that serves as an intermediary between an issuer of securities and the investing public.
In the contexts of insurance and investments, underwriting involves assuming risk in exchange for a premium or facilitating the issuance and resale of securities, respectively.
