2 precedent transactions questions of the kind asked in investment banking interviews. Each carries a model answer, the concepts a complete response must hit, and graded feedback on your own attempt.
1.Control Premium and Minority Discount
Medium
Asked when discussing precedent transactions or fairness opinions.
What is a control premium and why does it exist? How does it relate to a minority discount, and what determines its size in a given deal?
Commonly asked at Evercore, Lazard, Centerview~8 min
Firm names indicate where a question type is commonly reported in interviews. They are not sourced from, endorsed by, or affiliated with the firms named.