Parsad Posted May 18, 2011 Share Posted May 18, 2011 WTM sold Esurance for $700M and the sale will increase book value by $80/share. Stock is up 15% today. Cheers! http://finance.yahoo.com/news/White-Mountains-to-Sell-prnews-4038252346.html?x=0&.v=1 Link to comment Share on other sites More sharing options...
link01 Posted May 19, 2011 Share Posted May 19, 2011 WTM sold Esurance for $700M and the sale will increase book value by $80/share. Stock is up 15% today. Cheers! http://finance.yahoo.com/news/White-Mountains-to-Sell-prnews-4038252346.html?x=0&.v=1 they got a good price for it. they grew it very nicely from the ground up but i'm shocked at how badly operated it, & the underwriting losses they sustained (last time i checked). at 1 point i thought it would prove to be their gem in the rough. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now