Maiden holdings and kestrel group announce combination

Pembroke, bermuda & dallas--(business wire)--maiden holdings, ltd. (nasdaq: mhld) (“maiden” or the “company”) and kestrel group llc (“kestrel”) today announced that they have entered into a combination agreement to combine and form a new, publicly listed specialty program group. pursuant to the terms of the combination agreement, at the closing of the transaction, each issued and outstanding common share of maiden will be converted into the right to receive one common share in a newly formed be.
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