Wall Street analysts continue to be negative on Validus takeover of IPC
Wall Street analysts have continued to be negative on Bermudian (re)insurer Validus' takeover of island rival IPC Holdings.
Analysts at Keefe, Bruyette & Woods said that it was still negative on Validus' $30.32 per share takeover of IPC Holdings, which looks as though it will go ahead following a decision by IPC'sOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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