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Cerberus is paying less than book value.
In other words, it's more app than book.
These require banks to value their shareholdings at market, rather than book, value.
It is a signal his candidacy is getting more serious than book signings and debate appearances.
Newspaper censorship is also relatively more relaxed than film censorship, but stricter than book censorship.
Conseco, however, paid far more than book value when it acquired Green Tree in late 1998.
Creative writing groups, no less than book groups, are sitting targets for satire.
Far more than book reviews, it's literary prizes that shape the afterlives of new titles.
If investors believe regulations permanently cap returns at lackluster levels, they will be loath to pay more than book value.
Instead, the managers came back with an offer for the business that was less than book value.
Even after a 5 percent jump on Monday, HSBC shares trade at little more than book value.
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