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BRIEF-Amtrust Financial enters agreements to sell shares in National General Holdings
June 9, 2017 / 12:38 PM / 2 months ago

BRIEF-Amtrust Financial enters agreements to sell shares in National General Holdings

June 9 (Reuters) - Amtrust Financial Services Inc

* Amtrust Financial Services, inc. Enters agreements to sell shares in national general holdings corp.

* Amtrust Financial Services Inc - deal for approximately $211.7 million

* Amtrust Financial Services Inc - entered into agreements to sell 10.6 million shares it owns in national general holdings corp

* Amtrust - will invest funds from sale in accordance with both company's overall corporate investment guidelines as well as individual subsidiary's investment guidelines

* Amtrust Financial Services Inc - to sell common shares of nghc at a price of $20.00 per share

* Amtrust Financial Services Inc - pre-tax gain on sale of shares will be approximately $76 million Source text for Eikon: Further company coverage:

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