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Tower Group International Ltd Terminates Agreement To Acquire American Safety Reinsurance Ltd From Fairfax Financial Holdings Limited


Monday, 19 Aug 2013 08:25am EDT 

Tower Group International Ltd announced that it has terminated its previously announced agreement to acquire American Safety Reinsurance, Ltd., the Bermuda-based reinsurance subsidiary of American Safety Insurance Holdings, Ltd., from Fairfax Financial Holdings Limited. Tower will receive $5 million in exchange for the termination of such agreement. 

Company Quote

2.11
 +0.00%
22 Aug 2014