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AmTrust up 27%, and through proposed buyout price

Published 01/10/2018, 12:51 PM
© Reuters.  AmTrust up 27%, and through proposed buyout price
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  • AmTrust (NASDAQ:AFSI) has formed a special committee of the board to study the $12.25 per share buyout proposal by the Karfunkel-Zyskind family.
  • Shares are up 26.75% to $12.86.
  • Judging by the comment stream on first news of the bid and a stock price that was nearly $28 last February, and spent almost all of 2017 above $15, investors have clear concerns that Zyskind and associates are underpaying.
  • Now read: Top Dividend Contender Is Energy Transfer By Gains & Yield In December Again


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