AmTrust worth more than double the offer price, says Icahn


Taking into consideration a Deutsche Bank valuation of AmTrust Financial Services, the insurer’s shares should be worth between $26.06 and $31.86, and not the $13.50 that is being offered to take the company private, billionaire investor Carl Icahn argued in a May 23 presentation.

AmTrust, Carl Icahn, Investment, M&A, Insurance, Reinsurance, North America

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