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Connecticut Financial News Updates its Story on Endurance's Hostile Bid for Aspen

Do Aspen's Bylaws Create a Path for an Unsolicited Offer to Succeed?

TelAve - May 22, 2014 - WESTPORT, Conn. -- Connecticut Financial News, a subscription based news service reporting on event driven situations, has recently published an updated story in its coverage of the ongoing unsolicited approach for Aspen Insurance Holdings Limited (AHL) by Endurance Specialty Holdings Limited (ENH).  Market participants and other press outlets have been posing the question of how Endurance Specialty could succeed with its hostile offer given the various defenses in Aspen Insurance's repertoire?

Our story includes a comment from a representative of Endurance Specialty and it includes an examination of the bylaws of Aspen Insurance.  In this examination, we believe we have identified a path by which an outside party such as Endurance Specialty could advance an offer, provided such an offer were to have the support of Aspen Insurance's shareholders.

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Media Contact
Jonathan Spitzer

Source: Connecticut Financial News

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