Both offerings were valued at the lower end of their price ranges.
"Many of these masterpieces were not particularly valued at the time they were made," he explained.
But he argued that Google should be valued at the low end of its proposed range.
Assets do not get valued at the date of a person's death, as they would with an estate tax.
Yet a 30percentt stake in RTL is being valued at the price of a 25percentt stake in Bertelsmann.
Lloyds agreed Sept. 17 to buy HBOS in a stock swap valued at the time at £12.2 billion ($8.8 billion).
From the same special, 10th Doctor Tennant's two-piece Paul Smith dinner suit is also valued at the same amount.
Yet Hayakawa was valued at the time for the sense of restraint he brought to film acting.
Figures are hard to come by, partly because pension assets are, for the time being, valued at the price at which they were bought.
If investors paid seven times that, the company would be valued at the $24 billion, which is where it is valued today on the stock market.
That's because the assets of people who died under the old estate tax regime were valued at the date of their death for tax purposes.
