VALUING A BUSINESS

3. Valuing a Business: The Analysis and Appraisal of Closely Held Companies, 3

rd

edition,

Shannon P. Pratt, Robert F. Reilly, and Robert P. Schweihs (Irwin, 1995)

B. “Discounts for Lack of Marketability,” Ch. 15, pp. 331 − 334 and 342 − 359