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He said the devaluation of American and British currencies has prompted owners from these countries to accept lower offers for their Italian vacation homes; sellers can realize gains by converting assets held in euros back into dollars or pounds sterling.
The government's introduction of a market imperative is encouraging fiercer competition than ever before between institutions, while the policy allowing universities to recruit unlimited numbers of students with AAB grades at A-level makes it harder than ever for them to coalesce behind a principal of lower offers for some students in some circumstances.
Acquisition targets could see lower offers for their businesses, too.
Similar(57)
Mr. Ballmer also warned that a proxy fight would probably be accompanied by a lower offer for Yahoo.
It even backed a lower offer for Endesa by Gas Natural, another Spanish energy firm, despite its rejection by the antitrust authorities in Madrid.
After submitting a revised lower offer for the medical-device maker last year, Johnson & Johnson reversed course and raised its bid to $23.2 billion, which Guidant immediately recommended to shareholders.
If Creasy is right, and it means sellers will get a lower offer for their home, then they would be wise to ask the agent not to go ahead.
Her original first choice for archaeology allowed her to swap, with a lower offer of ABB for the computer science course than the one she already held for archaeology.
The two companies dropped a bidding war in favor of Star's lower offer of $1.1 billion for NCL.
American International Group is sticking to its guns, and insisting that it won't accept a lower offer from Prudential for its Asian insurance business, and that comes as something of a shock to some who have been following the deal.
On Tuesday the U.S.-based insurer said it wouldn't accept a lower offer from Britain's Prudential for its pan-Asian life insurance subsidiary, AIA Group.
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