Business & Finance
Business and Finance
Business and Finance
Mon, June 13, 2011 Thieler Law Announces Investigation of Transatlantic Holdings, Inc.
SAN DIEGO--([ BUSINESS WIRE ])--Prof. Dr. Thieler - Prof. Dr. Boeh - Thieler - Seitz Corp. (aThieler Lawa) announces an investigation on behalf of investors in shares of Transatlantic Holdings, Inc. (NYSE: TRH) over potential breaches of fiduciary duty and other violations in connection with the proposed merger between of Transatlantic Holdings, Inc. and Allied World Assurance Company Holdings, AG in a transaction valued at approximately $3.2 billion.
If you own stock in of Transatlantic Holdings, Inc. (NYSE: TRH) and would like more information, please contact us by email: [ MarcS@Thieler-Boeh-Seitz.com ] or by telephone at +1 (619) 866 a" 6157
On Sunday, June 12, 2011, Transatlantic Holdings, Inc. (NYSE: TRH) and Allied World Assurance Company Holdings, AG (NYSE: AWH) announced the signing of a definitive merger agreement. The proposed transaction is structured as a merger of equals, with shareholders of Transatlantic Holdings, Inc. receiving 0.88 Allied World Assurance Company Holdings, AG common shares for each Transatlantic Holdings common share held.
The investigation concerns, among other things, whether the proposed merger adequately compensates NYSE: TRH shareholders and whether a fair process was used in obtaining the best value for Transatlantic Holdings shareholders, and whether Transatlantic Holdings, Inc and its Board breached their fiduciary duties by entering into the merger agreement without properly shopping for an acquisition that would provide better value for shareholders. Indeed, according to Yahoo! Finance, at least one analyst has set a price high target of $60.00 per share and at least one analyst a price low target of $53.00 per share with a mean target price of $58.00 per share for Transatlantic Holdings, Inc. stock.
If you own common stock in Transatlantic Holdings, Inc. (NYSE: TRH), if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact our San Diego office at:
Prof. Dr. Thieler - Prof. Dr. Boeh - Thieler - Seitz Corp., 3111 Camino Del Rio North, Suite 400, San Diego, CA 92108, by email: [ MarcS@Thieler-Boeh-Seitz.com ] or by telephone at +1 (619) 866 - 6157 or visit our website [ http://www.Thieler-Boeh-Seitz.com ].
Past results do not guarantee a similar outcome.
