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Endurance urged to pursue merger

23 February 2010

Endurance Specialty Holdings has been urged to find a merger partner by its largest shareholder, as the reinsurers’ Bermuda-based rivals look to consolidate.

Read more: Endurance Specialty Holdings merger filing Perry Corporation David Cash

Endurance Specialty Holdings has been urged to find a merger partner by its largest shareholder, as the reinsurers’ Bermuda-based rivals look to consolidate.

Hedge fund Perry Corporation, which owns 12% of Endurance, made the suggestion in a US Securities Exchange Commission filing late yesterday.


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