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Validus (VR) wins a skirmish with hostile takeover target Transatlantic (TRH) that will allow...

Validus (VR) wins a skirmish with hostile takeover target Transatlantic (TRH) that will allow the companies to exchange non-public information. The "limited standstill" agreement, which expires Oct. 31, comes after a competing deal with Allied World Assurance (AWH) was called off.
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