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

|By:, SA News Editor

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.