Argo claims to be ‘more attractive’ to buyers, as 80 parties approached
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Argo claims to be ‘more attractive’ to buyers, as 80 parties approached

Samuel Casey
16 November 2022
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Argo has reiterated its call for shareholders to back its board nominees ahead of an upcoming annual meeting, while alleging that activist investor Ron Bobman “does not deal in facts”, as it said recent transactions made the company a healthier prospect for bidders.

The insurer is urging shareholders to back its seven nominees to the board, whereas Bobman, who runs investment firm Capital Returns, is trying to install himself and former National Interstate CEO David Michelson onto the board as directors.

Bobman

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News Operations/tech Argo
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Samuel Casey
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