The New York-based insurer Tower Group, Inc. and Bermuda-based CastlePoint Holdings, Ltd. have both fixed a record date and a date for their respective special general meeting for shareholders to consider and vote on the merger of the two companies.
In August the Tower Group agreed to acquire Bermuda reinsurer CastlePoint in a transaction valued at approximately $490 million (See IJ web site – https://www.insurancejournal.com/news/national/2008/08/05/92500.htm).
Tower’s special meeting of stockholders will be held on January 28, 2008 at 10:00 A.M., Eastern time, at the Millenium Hilton, 55 Church Street, New York, New York 10007.
CastlePoint’s special general meeting of members (shareholders) will be held on January 27, 2008 at 10:00 A.M., Atlantic time, at the Fairmont Hamilton Princess Hotel, 76 Pitts Bay Road, Hamilton, Bermuda. CastlePoint shareholders of record at the close of business on December 4, 2008 will be entitled to notice of, and to vote at the meeting.
Source: Tower Group – http://www.twrgrp.com and CastlePoint Holdings – http://www.castlepoint.bm
Topics Mergers & Acquisitions New York
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