-
Menu
-
- Law.com
- Law.com - United States
- Law.com - International
- Home
- Publications
- Practice Tools
- Events
- Legal Newswire
- Legal Dictionary
- Verdict Search
- Jobs
- Insurance Coverage Law Center Home
- COVID-19
- Topics
- Litigation
- Deals and Transactions
- Law Firm Management
- Legal Practice Management
- Legal Technology
- Intellectual Property
- Cybersecurity
- All Law Topics ➝
- Sections
- Case Law Analysis
- Policy Analysis
- Legislative & Regulatory
- Verdicts & Settlements
- Eye on the Experts
- Cases
- Analysis
- Forms
- News
- Insurance Dictionary
- About Us
- About Us
- Contact Us
- All Sections
- Advertise
- Customer Care
- Terms of Service
- FAQ
- Privacy Policy
- Follow Insurance Coverage Law Center
Copyright © 2024 ALM Global, LLC. All Rights Reserved.
- Search
-
Insurance Coverage Law Center
-
- Insurance Coverage Law Center Home
- Law.com
- Publications
- The American Lawyer
- National Law Journal
- Corporate Counsel
- New York Law Journal
- The Legal Intelligencer
- The Recorder
- Daily Business Review
- Browse All Publications ➝
- Law Topics
- Litigation
- Deals and Transactions
- Law Firm Management
- Legal Practice Management
- Legal Technology
- Intellectual Property
- Cybersecurity
- All Law Topics ➝
- Sections
- Case Law Analysis
- Policy Analysis
- Legislative & Regulatory
- Verdicts & Settlements
- Eye on the Experts
- Cases
- Analysis
- Forms
- News
- Insurance Dictionary
- About Us
- About Us
- Contact Us
- All Sections
- Advertise
- Customer Care
- Terms of Service
- FAQ
- Privacy Policy
- Follow Insurance Coverage Law Center
Copyright © 2024 ALM Global, LLC. All Rights Reserved.
Markel to Acquire Alterra for Approximately $31 Per Share in Stock and Cash
Markel Corporation and Alterra Capital Holdings Limited have each approved a definitive merger agreement. Under the terms of the agreement, the aggregate…
Thank you for sharing!
Markel Corporation and Alterra Capital Holdings Limited have each approved a definitive merger agreement. Under the terms of the agreement, the aggregate consideration for Alterra is approximately $3.13 billion, based on a closing price of $486.05 for Markel common stock on December 18, 2012.
At closing, each Alterra common share will be converted into the right to receive 0.04315 Markel common shares (with cash paid for fractional shares) plus a cash payment of $10. Following the merger, Markel’s existing shareholders will own approximately 69 percent of the combined company on a fully diluted basis, with Alterra’s shareholders owning approximately 31 percent. Completion of the transaction is contingent upon customary closing conditions, including shareholder and regulatory approvals, and it is expected to close in the first half of 2013.
This premium content is locked for
Insurance Coverage Law Center subscribers only.
Enjoy unlimited access to the single source of objective legal analysis, practical insights, and news for the insurance industry.
- Access the most current expert analysis and daily developments across jurisdictions
- Solve complex research issues with expert tools and intelligence
- Tap into insurance coverage expert guidance
Already have an account? Sign In Now
For enterprise-wide or corporate access, please contact our Sales Department at 1-800-543-0874 or email [email protected].
Review Policy Analysis from Insurance Industry Experts
Get access to the daily questions insurance professionals ask our industry experts.
Insurance Coverage Law Report
Insurance Coverage Law Report
Woman Caught STD in Car, Auto Insurance to Pay Out $5.2 Million
The Missouri woman sued Geico claiming that she contracted a sexually transmitted disease from the car owner after the two had sex inside a car covered by the insurer.
Back Issues ›
Eye on the Experts
Industry News
- Insurers Are Seeing Some Benefits from Tough Economic Environment, Study Shows
- Insured Maui fire losses likely to top $1 billion
- California Homeowners Market Continues Shrinking
- Delaware Issues Bulletin Regarding False Representations Regarding Rates
- Florida Emergency Rule and Memorandum Regarding Claims-Handling Manuals
About Us / Contact Us / Site Map / Advertise With Us/ Customer Service / Terms of Service/ FAQ / Privacy Policy
Publications
Law Topics
Rankings
More
Copyright © 2024 ALM Global, LLC. All Rights Reserved.