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"The independent directors believe that the offer represents good value and an attractive balance between the future opportunities and risks facing the business and have therefore decided to recommend TPG's offer to shareholders".
The offer represents a 60percentt premium for US Airways.
At Friday's prices, the offer represents a 13percentt premium.
The offer represents a 27percentt premium to Columbia's closing price of $57.0625 on Friday.
The offer represents a 28percentt premium to Simpson's closing stock price Thursday of $10.13.
The offer represents a 7.1percentt premium to United Industrial's closing price on Friday of $75.62.
Similar(5)
At the time, the offer represented a 19percentt premium.
The offer represented a sizable pay cut from the $16 million Pettitte received in 2008.
The offer represented an initial installment of $130 million in Battery Park City Authority revenue.
At Friday's closing prices, the offer represented a premium of 39percentt.
The offer represented an 86percentt premium to the share price on Wednesday, when they closed at $5.91 on the Nasdaq.
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