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

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

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)