I hope this issue finds you and your families all safe and well. I have to say, it is very, very nice to go into my office without a mask and to speak with colleagues again face-to-face. It is also fantastic to plan summer travel and to see local businesses resume more normal operations.
Many thanks to the authors of the articles in this issue. Chris Mercer explains, as only he can, his thoughts on restricted stock studies. Rick Ellsworth shares his insights from years of reviewing purchase price allocations his views on attrition analysis. Will Frasier has also provided us with his thoughts on third edition of Business Valuation: An Integrated Theory And last, but not least, Gil Matthews explains why the arithmetic average is inferior to the harmonic mean and median when considering price multiples.
You may notice inside the front cover that we have expanded our editorial...
