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The offer values Biffa at 23.5 times expected earnings for the current financial year but Seymour Pierce analyst Kevin Lapwood said the bid "may appear generous, but we maintain it is not enough.
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It's why we've been so successful so we maintain it, but having the expertise of LVMH is important because we've been looking for investors who know the area that we cover," he says.
And then we maintain it.
How do we maintain it?
Many people do not understand that it is possible to lead a meaningful, happy life as a heathen, but we maintain that it is and can point to any number of atheist philosophers and thinkers who have explained why this is so.
It's easy to see what the immediate benefits are for the consumer but we maintain that it will also be good for advertisers.
It probably helped that someone turned up with a sound system hooked up to their car, but we maintain that it was our arm gestures and beautiful calling voices that enticed everybody in.
But we maintain that if it can be shown that torture does indeed save lives, it ought not to be unequivocally ruled out as a course of action -- for the purpose of saving life.
Watson: We simply outgrew The Mothership, but we still maintain it.
Analysts at Numis, maintaining their 'hold' verdict, said: "We believe the trading fundamentals and growth prospects are strong but we maintain a cautious stance until it is clear that Sir Stelios supports the strategy".
We want the tournament in our country, but we maintain our demand to postpone it.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com