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  #31  
Old 08-15-2017, 07:46 AM
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The Motley Fool graphic used in their Aug. 9 AmTrust discussion:

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  #32  
Old 11-10-2017, 07:40 PM
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http://www.businessinsurance.com/art...serve-increase

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  #33  
Old 11-10-2017, 07:42 PM
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Quote:
Originally Posted by Harbinger View Post
What? No mention of the LPT/ADC transaction with Premia in this thread?
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Originally Posted by Business Insurance
Rating agency A.M. Best Co. Inc. put AmTrust Financial Services Inc.ís A financial strength rating under review with negative implications on Monday following the insurerís announcement that it had exhausted its recently purchased adverse development coverage for its loss reserves.
Looks like the adverse development coverage is used up
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  #34  
Old 01-11-2018, 10:44 AM
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AmTrust weighs going private...stock goes up 25%

https://www.insurancejournal.com/new.../10/476831.htm
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  #35  
Old 03-02-2018, 09:00 AM
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https://www.insurancejournal.com/new.../01/482033.htm

Quote:
Insurer AmTrust Unveils $2.7 Billion Plan to Go Private

As promised last month, the majority shareholders of AmTrust Financial Services Inc. have set forth a $2.7 billion plan to take the insurer private.

The deal is being funded by founding family members and shareholders George and Leah Karfunkel along with its current CEO Barry Zyskind and private equity funds from Stone Point Capital. The Karfunkels and Zyskind currently own 55 percent of AmTrust.
AM Best (Paywall)

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AmTrust to Sell Its Outstanding Common Stock to Its Founding Family and Stone Point Capital for at $2.7 Billion
NEW YORK - AmTrust Financial Services Inc.ís founding family and Stone Point Capital LLC have entered into an agreement for both to acquire all of AmTrustís outstanding common stock for about $2.7 billion.

Under terms of the proposed merger, common shareholders who arenít affiliated with the family ó including AmTrust Chief Executive Officer and Chairman Barry Zyskind and George and Leah Karfunkel ó will receive $13.50 in cash per share, a 33% premium to the closing stock price the day before the offer was announced (Bestís News Service, Jan. 10, 2018).

The agreement is with Evergreen Parent L.P., which was formed with private equity funds managed by the family and Stone Point.

ďAs a private enterprise, we will be able to focus on long-term decisions, without the emphasis on short-term results,Ē Zyskind said in an AmTrust statement.
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  #36  
Old 03-02-2018, 10:41 AM
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oh man $13.5/share? i should've bought some stock last year when it was only $23/share.
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  #37  
Old 03-03-2018, 01:24 AM
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Lol
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ASM does not have a discussion of stimulation, but considering how boring the manual is, maybe it would be a good idea.
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  #38  
Old 05-18-2018, 07:56 AM
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more drama, now with Icahn
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  #39  
Old 05-18-2018, 08:37 AM
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more drama, now with Icahn
What happen
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  #40  
Old 05-18-2018, 08:39 AM
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http://carlicahn.com/open-letter-to-...ust-financial/
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