


{"version":"1.0","provider_name":"FYB Financial Yearbook","provider_url":"https:\/\/www.fyb.de\/en\/","author_name":"Tino R\u00fcb","author_url":"https:\/\/www.fyb.de\/en\/author\/onit\/","title":"Intransparency in corporate transactions - FYB Financial Yearbook","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"HbLfQwsqoO\"><a href=\"https:\/\/www.fyb.de\/en\/3-fragen-an\/intransparency-in-corporate-transactions\/\">Intransparency in corporate transactions<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/www.fyb.de\/en\/3-fragen-an\/intransparency-in-corporate-transactions\/embed\/#?secret=HbLfQwsqoO\" width=\"600\" height=\"338\" title=\"&#8220;Intransparency in corporate transactions&#8221; &#8212; FYB Financial Yearbook\" data-secret=\"HbLfQwsqoO\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script type=\"text\/javascript\">\n\/* <![CDATA[ *\/\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/* ]]> *\/\n<\/script>\n","thumbnail_url":"https:\/\/www.fyb.de\/wp-content\/uploads\/2014\/10\/schuster.jpg","thumbnail_width":450,"thumbnail_height":400,"description":"Corporate transactions in the mid cap segment are characterized by high uncertainties of market participants (buyers and sellers). The large number of buyers and sellers as well as the typically poor information situation in the companies lead to a particularly strong lack of transparency in the market for medium-sized transactions. A distinction can be made between behavioral, quality and price uncertainties. Finally, there are uncertainties on both sides regarding the value of the company and the achievable price. Due to the intransparency and lack of comparability of the properties for sale on the market for mid-market transactions, the achievable price is difficult to estimate for sellers as well as for many buyers. Compared to buyers with transaction experience, such as financial investors, the seller typically has considerable information disadvantages. On the other hand, the seller has an information advantage regarding the quality and nature of the target company."}