StubbleJumper Posted June 10, 2013 Share 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 Link to comment Share on other sites More sharing options...
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