The President's offer represented a reversal of his position.

"We believe this offer represents a real opportunity to gain" market share.

The offer could represent the first significant move toward peace since the war began in August 1999.

Compared with buying the car, the offer represents a $2,000 saving by some estimates.

The offer represented a massive 120% premium on the middle market price of 76p so directors did not have to think twice about taking it.

The city's offer did not only represent a rare opportunity to build on empty land in Manhattan.

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

At the time, the $48-a-share offer represented a 38 percent premium over Willamette's stock price.

Analysts said the offer represented a good value for shareholders.

The offer represents a premium of about 11 percent on Sulzer's market value.