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Besides, the premium offered in the acquisition was rather large — 37 percent over the closing share price the day before.
But the steep premium offered by Telefonica was probably the determining factor behind the German firm's reluctance to get involved.
The shares closed at 60p and the small premium offered by Sports Direct, Blacks's largest shareholder, valued the business at some £26m.
"What is uncommon in the Comcast bid is that the 9percentt premium offered was so low and was wiped out so quickly," Mr. Schoenfeld said.
"It turned out to be the cheapest insurance policy I could get," Ms. Lambke said of the $300 premium offered by the Liberty Mutual Group of Boston.
Policy holders can, of course, choose not to renew - if, for example, the premium offered rises and they decide they don't want to pay it, or if they think their employment has become more stable.
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Of course Premium offers more features.
This time last week saw heavy demand for the protection that option premium offers investors, but a week later, the VIX index has slipped back to 24.73.
Premium offers (e.g., collectible, games) and characters were rarely mentioned.
Skype gives you the basic services for free, while Skype Premium offers you additional services for a monthly fee.
Still, the demand from yogurt makers in New York has contributed to higher milk prices, partly through premiums offered by processors to insure high-quality supply.
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