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Arca Capital Urges AmTrust Shareholders to Vote Against Go-Private Plan

(Reuters) - Arca Capital, one of the largest shareholders in AmTrust Financial, on Wednesday urged other investors to vote against the U.S. insurer’s plans to go private, citing “absurdly low valuation” of $13.50 per share. The Czech-based investment company follows activist investor Carl Icahn in opposing the proposed privatization transaction...

Mentions: Investment lawsuit AmTrust Financial Services