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Transatlantic (TRH) urges shareholders to reject an offer by Validus (VR) to buy their stock and...

Transatlantic (TRH) urges shareholders to reject an offer by Validus (VR) to buy their stock and adopts a poison-pill provision to cut off Validus' attempt at a hostile takeover. Transatlantic says its previously announced deal with Allied World Assurance (AWH) will "provide greater long-term value potential to Transatlantic stockholders."
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