Third Point Re Shuns M&As Because Many Such ‘Marriages’ End in Divorce

Third Point Reinsurance Ltd., co-founded by hedge-fund manager Dan Loeb, likened the risk of mergers and acquisitions to picking a spouse without being aware of how much can go wrong. “Just like marriage, in M&A the 20 percent that work …

from News – Insurance Journal http://ift.tt/2e8JGM0
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