Word: premiums
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...wily Ergen, a Tennessee native and a onetime professional gambler, isn't giving up. His initial offer gave shareholders an 18% premium (that bonus decreased when EchoStar stock fell on the news), an amount that forced Hughes' management to take notice...
...students. Seven are left today. They've spent the past year hand-tooling and assembling the 92 minuscule components that make up a Zenith Marine Chronometer - a complex piece of micro-engineering that is as technically obsolete as the manual typewriter. Yet nowadays, that kind of obsolescence fetches premium prices. "The boom today is in complicated mechanical watches for the luxury market," Antoniotti explains...
...Pirelli pulled off the takeover by making an offer to Colaninno's allies in Bell, the small holding company that controlled Olivetti. While Colaninno urged his backers to stay the course, Pirelli's 80% premium was an offer they couldn't refuse. In one of the more controversial points of the takeover, however, the 80% premium was not offered to all Olivetti shareholders. By keeping their share of Olivetti under 30%, Pirelli and Benetton were not obliged to offer the buy-out to all investors. Minority shareholders are understandably furious, especially since Olivetti dropped 15.3% the first day after...
...Leone the disease has been almost completely neglected. "Here is a country going through a civil war," says Gabriel Madiye, who runs the country's only hospice for HIV-positive patients. "If you recognize that we have a war and AIDS, which one are you going to put a premium on? War's impact is immediate. AIDS is a silent war." No one knows the rate of infection in Sierra Leone. The World Health Organization officially puts it at 2.99% of the country's 4.7 million people, but an internal who report late last year conceded that this figure...
...Across the Maldives, paradise comes at a premium. A double in a mid-range resort starts at $200. At Kraenzlin's Four Seasons on Kudahuraa Island on North Male Atoll, understated accommodation in bungalows on the beach or on stilts over the water starts at $325 a night; call (960) 444-888. "Often we greet guests at check-in and don't see them again until they check out," notes Kraenzlin with a proud smile. "They take all meals in the rooms. They live on the balcony, staring into the sky and the sea." Try also the Banyan Tree...