But there was never an independent valuation or a fairness opinion.
But their bid has been knocked back by the Government which claimed their independent valuation was only about half the real value.
An independent valuation of the estimated purchase price of the existing house in the new location will be carried out.
Without that threat, investors believe that independent valuations for Lin's pops will be higher.
Employees, however, may want to get an independent valuation if they want to cash out.
The price of the shares is determined by an independent valuation.
A significant issue of the takeover bid was that the offer was five times the last price determined by an independent valuation.
The government has set an $8.6 billion starting price for Yuganskneftegas, roughly half of what several independent valuations said was its market value.
If carrying out an independent valuation it is important to interview both (or more) parties.
Under the agreement, the two sides will commission an independent valuation of the deal.