NU Online News Service, April 10, 3:44 p.m.EDT
Validus Holdings, Ltd. said it has filed preliminary proxymaterials with the U.S. Securities and Exchange Commission inconnection with its battle to acquire IPC Holdings, Ltd.
In a statement, the Bermuda-based insurer said the materialswill be presented at IPC's annual shareholders meeting. Thematerials urge IPC shareholders to oppose the issuance of IPCshares in connection with the amalgamation (a stock for stockexchange under Bermuda law) agreement between IPC and Max CapitalGroup Ltd. All three insurers are Bermuda-based companies.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
