Implied Minority Interest Discount = 1 – [1 / (1 + Median Premium Paid The appraiser found premiums as described above for various industry‐related SIC Codes as provided by Mergerstat Industry Analysis in a 2005 report. The results of 21 Pratt, Shannon P, Robert F. Reilly, and Robert P. Schweihs. 2000. Valuing a business The analysis and appraisal of closely held companies, 4th edition. New York McGraw‐Hill. p. 349.
Page 116 of 141 this premium analysis and corresponding implied minority interest discounts can be found in the following table
