FedNat agrees cooperation deal with activist investor Capital Returns

13-08-2019

FedNat agrees cooperation deal with activist investor Capital Returns

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US insurer FedNat has entered into a "cooperation agreement" with its third largest shareholder Capital Returns Management in response to legal proceedings filed by the activist investor, and agreed to add two new directors to its board as part of the deal.


FedNat, Capital Returns Management, Partnership, Appointment, Insurance, Reinsurance, North America

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