James River stock climbs 17.5% on reported Global Indemnity interest
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James River stock climbs 17.5% on reported Global Indemnity interest

Shares had fallen over 20% since Monday.

By Jairo Ibarra
March 15, 2024
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James River Group nasdaq.jpg

James River’s stock rallied nearly 17.5% on Friday, to close at $7.93 per share, after Insurance Insider US revealed that rival E&S insurer Global Indemnity had made an all-stock indicative offer for the Bermudian of roughly $15.00

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