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Allied World and Transatlantic nix merger

Allied World and Transatlantic nix merger

Posted by RJ & Makay on September 16, 2011

Allied World Assurance Co. Holdings and Transatlantic Holdings, Inc. called off their merger today in the face of overwhelming opposition, and Transatlantic said it might remain independent despite two higher offers currently on the table.  Shareholders were to vote on the Allied deal next Tuesday, but it was anticipated that ...

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allied-world-assurance, berkshire-hathaway, mergers-and-acquisitions, reinsurance, transatlantic-holdings, validus-holdings