Transatlantic (TRH) is in talks with yet another suitor, Alleghany (Y), and the firms may even...

|About: Transatlantic Holdings Inc. (TRH)|By:, SA News Editor

Transatlantic (TRH) is in talks with yet another suitor, Alleghany (Y), and the firms may even announce their engagement today, reports say. Alleghany will pay about $59-60 a share, a premium of up to 10% on Transatlantic's close on Friday. The price values Transtlantic at $3.4B, above Alleghany's market cap of $2.7B. (previous)