Market Currents

• Thursday, July 2, 2009

• 07:36 AM Flagstone Reinsurance (FSR) throws its hat in the ring with a bid for IPC Holdings (IPCR) that it says is superior to one already on offer from Validus Holdings (VR). Flagstone's offer values IPC at around $33.62/share vs. Validus' $28.86. Comment!