What type of value is referred to as "control strategic" in the new levels of value chart?

The term "control strategic" refers to a value derived from possessing control over a business or asset and significantly affects decision-making and strategic direction. This type of value encompasses both public and private company control, as it is applicable in contexts where shareholders have the ability to influence the critical operational and financial choices within the organization.

Control strategic value is particularly important in mergers and acquisitions, as control over a company allows the owner to implement strategies that can enhance profitability, market position, and shareholder value. This form of value typically reflects the premium that a buyer might pay for control of a business, as it factors in the potential for synergies and strategic advantages that can be derived from that control.

In contrast, other types of values, such as minority non-marketable value, focus on the worth of a shareholding that lacks control and often results in a lower valuation premium. Liquid value for private companies refers to the value realized through a sale or liquidation without considering control premiums. Therefore, the identification of control strategic as encompassing both public and private company control clearly underlines its relevance in scenarios involving strategic ownership and management.