AmTrust going private News

Icahn Backs Revised AmTrust Deal But Investor Arca Balks

U.S. insurer AmTrust Financial Services Inc. on Thursday agreed to be acquired by a group of investors for a sweetened $2.95 billion deal that also helped secure the support of dissenting shareholder Carl Icahn. Evergreen Parent, an entity formed by …

AmTrust, Lacking Votes, Reschedules Meeting on Contested Going-Private Plan

Lacking enough shareholder votes for approval, AmTrust Financial Services Inc. has postponed until June 21, 2018, the special meeting on a plan to take the insurer private. The meeting was originally scheduled for yesterday but the company said it does …

What A.M. Best Thinks of AmTrust’s Plan to Go Private, Sell Some Fee-Based Business

A.M. Best, which placed the ratings of AmTrust Financial Services under review with negative implications last November, says it is still reviewing the impact of the company’s plans to sell some of its fee business and take the insurer private …

Insurer AmTrust Unveils $2.7 Billion Plan to Go Private

As promised last month, the majority shareholders of AmTrust Financial Services Inc. have set forth a $2.7 billion plan to take the insurer private. The deal is being funded by founding family members and shareholders George and Leah Karfunkel along …

AmTrust Weighs Going Private with Stone Point Capital, CEO Zyskind

A bid is afoot to take AmTrust Financial Services private. Stone Point Capital Partners, along with AmTrust Chairman and CEO Barry Zyskind and Director George Karfunkel (and his wife, Leah Karfunkel), have proposed to acquire all outstanding shares of AmTrust …