NEW YORK ( TheStreet) -- Reinsurer Transatlantic Holdings (TRH) announced Sunday it has received a $3.25 billion buyout offer from National Indemnity Company, a unit of Warren Buffett's Berkshire Hathaway (BRK.A).In a news release, Transatlantic says National Indemnity is offering $52 for each of its outstanding shares, a 15% premium to Transatlantic's Friday closing price of $45.24.
Berkshire Bids for Transatlantic Holdings
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