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InsideArbitrage Potential Deal Alert: James River (JRVR) Announces Exploration of Strategic Alternatives

  • February 1, 2024


StockJames River Group Holdings, Ltd.SymbolJRVR
Date Announced11/10/2023Source Press Release
TypeCompany Seeking Strategic Alternatives

James River Group Holdings (JRVR) announced that its board of directors has initiated an exploration of strategic alternatives. As part of this process, the board will consider a wide range of options for the company, including, among other things, a potential sale, merger or other strategic transaction.

James River Group Holdings Investor Relations

March 15, 2024: According to an Insurance Insider report, Global Indemnity (GBLI) made an indicative offer to acquire James River (JRVR) in an all-stock deal valued at $15 a share.

March 20, 2024: According to Insurance Insider report, James River (JRVR) enters sale talks with Global Indemnity (GBLI).

May 8, 2024: Global Indemnity Group (GBLI) announced that discussions with reinsurer James River (JRVR) have paused, as mentioned by CEO Joseph Brown during the company’s Q1 earnings call.

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.