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TRH Transatlantic Holdings Common Stock

60.90
0.00 (0.00%)
06 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Transatlantic Holdings Common Stock NYSE:TRH NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 60.90 0.00 01:00:00

New Transatlantic Suitors Include Former Treasury Official: Sources - NY Times

28/09/2011 4:02am

Dow Jones News


Transatlantic (NYSE:TRH)
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A former Treasury Department official and a former chief executive of reinsurer General Re are part of a group that has started merger talks with reinsurance company Transatlantic Holdings Inc. (TRH), The New York Times reported Tuesday on its website, citing unnamed sources.

Dan H. Jester, who spearheaded the bailout of American International Group Inc. (AIG) under the Bush administration, as well as Joseph Brandon, the head of General Re until 2008, are part of the consortium advised by Morgan Stanley (MS), the report said.

Transatlantic earlier disclosed it has entered into a confidentiality agreement and discussions with a third party.

Representatives for Transatlantic and Morgan Stanley declined comment, while Jester and Brandon weren't immediately available for comment, according to the report.

Full Story: http://dealbook.nytimes.com/2011/09/27/new-transatlantic-suitors-said-to-include-ex-treasury-official/

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