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us, we find that there was even less of a ready market for
decedent's 50-percent stock interest in B&W Longview than there
was for the stock interests sold in the precedent transactions.
Consequently, we conclude that, in addition to a minority dis-
count, some amount of lack-of-marketability discount should be
applied in determining the fair market value on the valuation
date of decedent's 50-percent stock interest in B&W Longview.
Based on our consideration of the entire record before us,
and using our best judgment, we find that the fair market value
on the valuation date of decedent's 50-percent stock interest in
B&W Longview was $875,000.
To reflect the foregoing,
Decision will be entered
under Rule 155.
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Last modified: May 25, 2011