Finkelstein Thompson LLP Announces Investigation of Transatlantic Holdings, Inc.
WASHINGTON--([ BUSINESS WIRE ])--Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of Transatlantic Holdings, Inc. (aTransatlantica or the aCompanya) (NYSE: TRH) concerning the proposed acquisition of the Company by Allied World Assurance Company Holdings, AG (aAllied Worlda). Under the terms of the offer, Transatlantic shareholders will receive 0.88 Allied World common shares, representing an approximate value of $51.10, for each share of the Company's common stock held in a transaction valued at approximately $3.2 billion.
The investigation is focused on the potential unfairness of the consideration to Transatlantic shareholders, the process by which the Board of Directors considered the transaction, and potential conflicts of interests among Transatlantic Board members. In particular, according to Yahoo! Finance, at least one analyst has set a target price of $60.00 for Transatlantic shares.
If you are interested in discussing your rights as a Transatlantic shareholder, or have information relating to this investigation, please contact Finkelstein Thompson's Washington, DC offices at (877) 337-1050 or by email at [ contact@finkelsteinthompson.com ].
Finkelstein Thompson LLP has spent over three decades delivering outstanding representation to institutional and individual clients in financial litigation, and has been appointed as lead or co-lead counsel in dozens of shareholder class actions. Indeed, the firm has served in leadership roles in cases that have recovered over $1 billion for investors and consumers.
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