Exact(36)
Any rival would have to offer a steep premium to stay in the race.
Geffen said that he would pay market price for the stock, but Harbinger reportedly wanted a steep premium.
But the steep premium offered by Telefonica was probably the determining factor behind the German firm's reluctance to get involved.
Shares of mobile phone companies in the nation are trading at a steep premium to their regional peers.
On Tuesday, Freddie Mac had to pay a steep premium on a $3 billion issuance of five-year debt.
This implies that they are paying interest rates some 4-5 pointstaboveointheabove the yield on China's ten-year bonds, of about 3.5%—an unnecessarily steep premium.
Similar(21)
But agents are nevertheless selling these men and women policies that have steep premiums for relatively small amounts of coverage.
Homeowners are now concerned that they may not be able to sell their homes because anyone buying a property will be forced to pay the steep premiums.
Insurance agents, for example, using misleading tactics, have promoted policies that provide small amounts of coverage for steep premiums even though 94percentt of service members already carry $250,000 in low-cost coverage through the military.
Competing policies tend to have steep premiums and a $12,000 coverage maximum.
Some fitness clubs, like Equinox in New York, now lock down parts of some gyms with eye scanners, so only elite members who pay steep premiums can access them.
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