(Reuters) - "The next appropriate step in value creation ... is a
sale," said Viking Global in a letter to the company on June 1,
according to a filing with the U.S. Securities and Exchange
Commission.
Viking said in the filing that an acquisition of
LandAmerica by one of the larger title insurers could result in
synergies approaching $6 to $7 a share. Investors would also
get a substantial premium at the time of sale, the Greenwich,
Connecticut-based investment manager said.
Read more at Reuters.com Mergers News
sale," said Viking Global in a letter to the company on June 1,
according to a filing with the U.S. Securities and Exchange
Commission.
Viking said in the filing that an acquisition of
LandAmerica by one of the larger title insurers could result in
synergies approaching $6 to $7 a share. Investors would also
get a substantial premium at the time of sale, the Greenwich,
Connecticut-based investment manager said.
Read more at Reuters.com Mergers News
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