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It is also higher than the $8 a share offered by Mr. Hindery's firm, InterMedia.
And CVR Energy said Mr. Icahn's bid of $30 a share offered a small premium to recent highs, representing a 3.9 percent increase from September's high of $28.88.
Clear Channel's shares fell 5percenttoto $28.09 on Friday on the New York Stock Exchange — significantly below the $39.20 a share offered.
That is a 5percentt premium over Friday's closing share price and up from the 1.1 euros (93 cents) a share offered in February.
Rob Rutschow, an analyst at the Hong Kong-based CLSA brokerage firm, put it best: "It is hard to ignore a much higher value per share offered by Nasdaq and ICE, but NYSE's management found a way to do it".
"It is hard to ignore a much higher value per share offered by Nasdaq and ICE, but NYSE's management found a way to do it," he wrote in a note published on Monday.
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prices in recent months as regulators sped up approval of new share offers to head off a stock market bubble.
Even without the special dividend from its Verizon subsidiary, the share offers investors a dividend yield of 5.1 per cent," he says.
The analysis of the market share offers some insights into the intermodal competition.
Goldman , Sachs & Co. Wherever.net Holding Corp. Hong Kong, an initial public offering of 4.5 million shares, offered as american depositary shares or shares.
Wherever.net Holding Corp., Hong Kong, an initial public offering of 4.5 million shares, offered as American depositary shares or shares.
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