SHANNON P. PRATT, CFA, FASA, MCBA, is a founder and managing director of Willamette Management Associates, one of the oldest independent valuation consulting firms. Over a distinguished career of more than three decades, he has performed valuation engagements for numerous purposes and has testified in a wide variety of federal and state courts. Dr. Pratt is one of the most successful and respected authors in his profession. He is also editor in chief of Shannon Pratt's Business Valuation Update(r), the premier monthly newsletter in business valuation.
ALINA V. NICULITA is the managing editor of Shannon Pratt's Business Valuation Update (r). She earned her bachelor of economics in banking and financing from the Academy of Economic Studies in Bucharest, Romania, and her master's in business administration in finance from the Joseph M. Katz Graduate School of Business at the University of Pittsburgh.