Brief: Harbert Discovery Fund Issues Letter To Chairman Of Global Indemnity Group, Llc

Global Indemnity LLC

12/08/2021 17:54

Aug 12 (Reuters) - Harbert Discovery Fund: 
    * HARBERT DISCOVERY FUND ISSUES LETTER TO CHAIRMAN OF BOARD
OF
DIRECTORS, GLOBAL INDEMNITY GROUP, LLC
    * HARBERT DISCOVERY FUND - DO NOT BELIEVE AN ACQUISITION IS
IN
BEST INTEREST OF GLOBAL INDEMNITY GROUP SHAREHOLDERS
    * HARBERT DISCOVERY FUND - BELIEVE BEST USE OF EXCESS
CAPITAL BY
GLOBAL INDEMNITY IS TO RETURN IT VIA A SPECIAL DIVIDEND AND/OR
REPURCHASE
    * HARBERT DISCOVERY FUND - CURRENT M&A AND INDUSTRY PRICING
ENVIRONMENT PROVIDE A COMPELLING BACKDROP FOR A SALE OF GLOBAL
INDEMNITY

Source text for Eikon:  ID:nGNX9F7Mfj 
Further company coverage:  GBLI.O 

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