Murray, Frank & Sailer LLP is investigating claims of breach of
fiduciary duty by certain members of the board of directors of
Transatlantic Holdings, Inc. Co. (NYSE: TRH) (“Transatlantic” or the
“Company”) in relation to the merger of the Company with Allied World
Assurance Company (NYSE: AWH) (“AWA”).
On June 13, 2011, Transatlantic and AWH announced that the two companies
would merge pursuant to a transaction under which Transatlantic
stockholders will receive 0.88 AWH common shares for each share of
Transatlantic common stock, or approximately $51.10 per share. The
amount represents a premium of only 16% over the closing price of the
stock on June 10, 2011.
The investigation concerns whether certain members of the board of
directors breached their fiduciary duty in connection with their efforts
to merge Transatlantic with AWH for an inadequate price through an
unfair process which significantly undervalues the Company.
If you are a current investor in Transatlantic, who purchased TRH shares
before June 13, 2011, and you wish to discuss this investigation or have
any questions concerning this notice or your rights or interests with
respect to these matters, please contact Gregory Frank at (800) 497-8076
or (212) 682-1818, or by email at firstname.lastname@example.org.