Validus Ends Transatlantic Takeover Bid - Surety Bond Forums

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11-28-2011, 02:00 PM

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Validus Ends Transatlantic Takeover Bid

Reinsurer Validus Holdings Monday withdrew its offer for peer Transatlantic Holdings, ending a months-long hostile takeover battle. Validus, which has a history of hostile bids for other reinsurers, launched its offer in July, attempting to break up a deal Transatlantic …

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