SRL for [renews]: The $ 3.18 billion bid , which had been rumored since last week , `` creates a better feeling that there 's value in the market at current levels and [renews] prospects for a hot tape , '' says A.C. Moore , director of research at Argus Research Corp.
ARG-0: The $ 3.18 billion bid , which had been rumored since last week | ARG-1: prospects for a hot tape