I think it can certainly trade at a 30 percent premium to the market, perhaps higher.

"That works out to a 10 percent premium given where the stock price has been."

They named a price: $18 a share in cash, a premium of 57 percent.

The offer was a 41 percent premium to the stock's price before the announcement.

The offer represents a 23 percent premium to the company's share price at the market's close Friday.

The company ultimately bought him out in 1980 - at a 29 percent premium to the market price.

That would be a 27 percent premium above yesterday's closing price.

The offer carried a 21 percent premium to an earlier bid.

That was a 75 percent premium on the previous day's closing price of $28.50 a share.

"We have gone from there to $55.50, a 60 percent premium."