Quanta Shareholders shareholders approve amalgamation agreement
Shareholders of Bermuda-based specialty (re)insurance provider Quanta Capital Holdings said that its shareholders have "overwhelmingly" voted to approve the amalgamation agreement with Bermuda-based run-off company Catalina Holdings (Bermuda) Ltd. and Catalina Alpha Ltd.
Under the terms of the amalgamation agreement, upon completion of the amalgamation, Quanta shareholders will receive $2.80 per share in cash.
The parties intend to complete the amalgamation on or
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