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Transatlantic shareholders approve merger

07 February 2012

The US reinsurer's stockholders have approved a merger with Alleghany, ending one of the toughest takeover battles of 2011.

Read more: Transatlantic Alleghany M&A

Transatlantic stockholders have approved the reinsurer's merger with Alleghany, drawing to a close one of the most bitterly fought acquisition battles of last year.

Shareholders approved the plan put forward on November 20 by Transatlantic's board and US investment group Alleghany for the reinsurer's acquisition.

The deal...


  

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