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Endurance's top shareholder wants merger

Kenneth LeStrange is chairman president and CEO of Endurance

Endurance has been told that it should consider a merger with one of its (re)insurance rivals, one of the company's largest shareholders has told the company's management.

In a letter to the management, Perry Capital, Endurance's top shareholder said that it believes that the (re)insurer should look at its "strategic alternatives and pursue a possible merger or other

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