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25 February 2018

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AmTrust set to go private but future remains unclear

Adam McNestrie 16 January 2018

AmTrust looks set to delist from the Nasdaq Stock Market over the next six months, with the take-private offer from the Zyskind-Karfunkels and Stone Point offering investors significant near-term cash upside in place of a highly uncertain turnaround story.

After markets closed on 9 January, the founding family and CEO Barry Zyskind offered to buy out the 57 percent of the business they do not already own, with backing from experienced insurance industry investor Stone Point Capital.

The family is...


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This article was published as part of issue January 2018/3

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