AXIS Capital and PartnerRe Announce HSR Clearance for Amalgamation

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Go back to AXIS Capital and PartnerRe Announce HSR Clearance for Amalgamation

BMO Capital Upgrades PartnerRe (PRE) Two-Notches to Outperform

March 26, 2015 6:14 AM EDT

BMO Capital upgraded PartnerRe (NYSE: PRE) from Underperform to Outperform with a price target of $122.00, saying it has optionality to AXIS-PartnerRe merger.

Analyst Charles Sebaski commented, "We are upgrading shares of PartnerRe (PRE) to Outperform from Underperform and increasing our target price to $122 based on the companys merger with AXIS. On December 8, 2014, we downgraded... More

Axis Capital (AXS), PartnerRe (PRE) Announce Early HSR Termination in Amalgamation Agreement

March 25, 2015 8:39 AM EDT

Axis Capital (NYSE: AXS) and PartnerRe Ltd. (NYSE: PRE) announced that they have received early termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with respect to the definitive amalgamation agreement that the companies... More