Validus (VR) sues Transatlantic (TRH) to force the latter to consider Validus' buyout offer over...

|About: Validus Holdings, Ltd. (VR)|By:, SA News Editor

Validus (VR) sues Transatlantic (TRH) to force the latter to consider Validus' buyout offer over a deal with Allied World (AWH). Validus argues that Transatlantic is "arbitrarily" refusing to enter into talks even though its bid was worth more than Allied's, although they're now both worth $2.8B. (previous)