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Exor bid still has legs as PartnerRe faces pushback

PartnerRe is betting the value of a merger with Axis is worth more in the long run than an extra few dollars a share now. Shareholders may not agree.

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(Bloomberg) — PartnerRe Ltd. is betting the value of a merger with Axis Capital Holdings Ltd. is worth more in the long run than an extra few dollars a share now. Shareholders may not agree.

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