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Stock Market & Financial Investment News

News Breaks
February 26, 2013
11:01 EDTMKL, ALTEMarkel, Alterra Capital shareholders approve acquisition
Markel Corporation (MKL) and Alterra Capital Holdings Limited (ALTE) announced that their respective shareholders have voted in favor of all proposals necessary for the acquisition of Alterra by Markel. Completion of the transaction remains subject to receipt of regulatory approvals and other customary closing conditions and is expected to occur in 2Q13. Under the terms of the merger agreement, each Alterra common share is converted into the right to receive 0.04315 Markel common shares, plus a cash payment of $10.
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July 23, 2014
16:51 EDTMKLMarkel announces acquisition of Cottrell
Markel Ventures announced the acquisition of a majority interest in Cottrell, Inc. and affiliated entities. Headquartered in Gainesville, Georgia, Cottrell is a global leader in the design, manufacture and delivery of over-the-road automobile transport equipment. Terms of the transaction were not disclosed.
July 16, 2014
11:13 EDTMKLMarkel appoints Thomas Smith to newly created position Chief Marketing Officer
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