StubbleJumper Posted June 10, 2013 Posted June 10, 2013 This morning ELF.to announced that they will sell their P&C arm to Travellers for CDN$1.1 billion. This will apparently be a cash transaction closing in Q4 2013. So, my question is what will the company do with $1.1B? It is already majority owned by the Jackman family...so will the cash simply be used to take the company private? And at what price would this reasonably occur? Just navel gazing... SJ
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