Alleghany investors approve Berkshire takeover

Fiona Robertson

June 09, 2022

Alleghany said that its stockholders voted to approve the $11.6bn takeover of the firm by Berkshire Hathaway.

Alleghany investors will receive $848.02 of cash for each of their shares.

In a special meeting held on June 9, more than 98% of the votes cast were in favor of the proposal.

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Topics

News M&A Berkshire Hathaway Alleghany

Fiona Robertson

Editor, Insurance Insider