PartnerRe Board Slammed by Activist Hedge Fund for Rejecting EXOR Bid

Sandell Asset Management Corp., the activist hedge-fund firm run by Tom Sandell, said PartnerRe Ltd. directors hurt shareholders by pushing a merger with AXIS Capital Holdings Ltd. rather than talks with a hostile bidder. “We will not hesitate to exercise the rights …

The article PartnerRe Board Slammed by Activist Hedge Fund for Rejecting EXOR Bid appeared first on Insurance Journal.

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