Travelers warns shareholders against 'unsolicited mini-tender' offer by TRC Capital

02-09-2020

Property/casualty insurer Travelers Companies has urged its shareholders to not accept a “mini-tender” offer from Canadian investment firm TRC Capital, calling it "unsolicited" and having an offer price that is below the current market price for Travelers’ shares.


Travelers Companies, TRC Capital, Tender, Shares, Property & Casualty, Insurance, Reinsurance, UK, Canada

Intelligent Insurer