Validus ups IPC offer
Bermudian (re)insurer Validus has heated up the takeover battle for island rival IPC when it increased its offer for the company.
Under Validus' increased offer, IPC shareholders will now receive $3.75 in cash for each IPC common share, an increase of $0.75 per share in cash from Validus' previous offer, and 1.1234 ValidusOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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