Lifesaver Inc., a producer of personal protective equipment, trades on the TSX Venture stock exchange at an EV/EBITDA multiple of 4.0x. From performing a precedent transaction analysis, you note that recent acquisitions of similar companies have transacted at an EV/EBITDA multiple of 6.0x. The following is not a valid potential reason for this discrepancy: Review Later The presence of a control premium within the EV/EBITDA multiple implied by the acquisitions Since buying Lifesaver Inc. shares on the TSXV does not likely result in obtaining control of the company, the stock trades at a discount to the multiple implied by the recent acquisitions Multiples implied by precedent transactions are not relevant when considering publicly traded companies Special purchaser considerations, such as synergies, being inherent in the precedent transaction multiples