Business & Finance
Mon, November 21, 2011 
LOS ANGELES--([ BUSINESS WIRE ])--Glancy Binkow & Goldberg LLP announces that it is investigating potential claims against the Board of Directors of Transatlantic Holdings, Inc. (aTransatlantica or the aCompanya) (NYSE: TRH) related to the proposed acquisition of the Company by Alleghany Corp. The transaction is valued at approximately $3.4 billion. Investors will receive 0.145 shares of Alleghany and $14.22 in cash for each share of Transatlantic.
The investigation concerns whether the Board of Directors of Transatlantic breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into the proposed transaction, and whether the Company has disclosed all material information to shareholders about the transaction. The Company has seen substantial recent growth. Its share price has sky rocketed from $44.01 on June 10, 2011 to $54.94 on November 8, 2011. Further, at least one analyst has set a target price for the Companyas stock at $56.00.
If you are a shareholder of Transatlantic, 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 Louis Boyarsky, Esquire, Glancy Binkow & Goldberg LLP, 1801 Avenue of the Stars, Suite 311, Los Angeles, CA 90067, by telephone at (310) 201-9150 or Toll Free at (888) 773-9224 or by email to [ shareholders@glancylaw.com ].
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
