Its previous offer was $125 a share for 22 million shares.
The previous offer had been $3.1 billion, or $58 a share.
That represents an 8% increase on the previous offer he says.
They made a previous offer I decided not to transmit.
The workers surprised negotiators last month by turning down a previous offer.
He noted that the deal was somewhat better than the previous offer.
The previous offer had been valued about $27.08 a share in cash and stock.
The money is the same as in the Knicks' previous offer.
The purchase price represents an increase from the previous offer of $25 a share.
The previous offer required financing of more than $7 billion.
