Bermuda-based Montpelier Re Holdings Ltd. announced that it has sold 25,850,926 shares of its common stock, as previously announced (See IJ Website Sept.16)
The shares were resold at $24.00 by Lehman Brothers Inc. who acted as sole underwriter on the transaction.
“All shares were offered by the Company and were sold under the Company’s Form S-3 shelf registration statement, which was declared effective on February 23rd, 2004,” the bulletin noted.
Was this article valuable?
Here are more articles you may enjoy.
Four Georgia Troopers Fired in Vehicle Pursuit-Insurance Scheme 
Florida Needs More – Much More – Wind Mitigation, Say Experts at OIR Summit 
Electric Bills in Coal Country West Virginia Now Top Mortgage Payments 
Palm Beach Billionaires Feud Over Who’s Really Protecting the Everglades 
