Transatlantic (TRH) will pay Allied World (AWH) a termination fee of $35M and expenses of $13.3M...

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

Transatlantic (TRH) will pay Allied World (AWH) a termination fee of $35M and expenses of $13.3M after their merger hits the skids, as part of the agreement between the firms. Shareholders of Tranatlantic will also see $455M added to an existing shareholder repurchasement plan. Premarket: TRH -1.1%, AWH +0.5%.