Greenlight Re rejects Catalina cash bid at circa 25% premium
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Greenlight Re rejects Catalina cash bid at circa 25% premium

Adam McNestrie
October 28, 2019
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Greenlight Re's board has rejected an all-cash offer from Catalina that valued the firm at around 0.9x book value and ejected the legacy acquirer from its bid process, The Insurance Insider can reveal.

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