2. Easton stock has
There is no evidence to suggest that the
consistently traded in a
marketability discount is related to the
width of the P/E multiple trading range.
Decrease
narrow range of
price/earnings ratios over
Publicly traded companies (like
Have no effect on
the last three years.
Easton) tend to realize higher
acquisition P/E multiples than privately
Increase
owned companies, but this speaks to a
“private company” discount, not the
marketability discount.
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