Transatlantic (TRH) announces receipt of a reinstated offer from Buffett's National Indemnity...


Transatlantic (TRH) announces receipt of a reinstated offer from Buffett's National Indemnity (BRK.A) for $52/share, set to expire at the end of business today. Believing its book value to be $69-$70, the Transatlantic Board rejects the offer, saying it "would not deliver fair value to its shareholders." (PR)

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