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Transatlantic (TRH) rejects a $3.25B bid from Indemnity (BRK.A), saying it's not superior to an...

Transatlantic (TRH) rejects a $3.25B bid from Indemnity (BRK.A), saying it's not superior to an agreed bid from Allied World (AWH), which is worth $2.75B. However, Transatlantic will enter negotiations with Indemnity as it believes such talks would lead to a "superior proposal." (PR) (previous)
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