He thinks thousands of passengers would be willing to pay a slight premium for more leg room.
With both the economy and inflation losing steam, she explained, "investors should put a slight premium on stability of earnings growth."
So holders of the traditional shares will get a slight premium, less than 1 percent, in the combination.
That means investors may pay a slight premium.
"I put a slight premium on something that seems unique, a movie that distinguishes itself from other movies," she said.
In over-the-counter trading late yesterday, the units sold at a slight premium.
Generally, the futures trade at a slight premium to the cash market.
Several arbitragers said yesterday that they expected the rights to trade at a slight premium to fair value.
As a whole, the food group is selling at a slight premium to the S.& P. 500 in terms of price/earnings ratios.
"So it's selling at a slight premium to the market with much better than market growth," he said.
