Transatlantic Holdings, Inc. Merger Litigation (NYSE: TRH)

Law Office of Brodsky & Smith, LLC Announces Investigation of Transatlantic Holdings, Inc. 
 
BALA CYNWYD – (BUSINESS WIRE) Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Transatlantic Holdings, Inc (“Transatlantic” or the “Company”) (NYSE – TRH - News) relating to the proposed acquisition by Allied World Assurance Company Holdings, AG (“Allied”).  
 
Under the terms of the transaction, Transatlantic shareholders would receive 0.88 shares of Allied stock for each share of Transatlantic stock they own. The transaction values Transatlantic stock at approximately $51.10 per share. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Transatlantic by not acting in Transatlantic shareholders' best interests in connection with the sale process to Allied. The transaction may undervalue Transatlantic based on the book value of Transatlantic. In addition, Transatlantic stock traded at $53.82 a share on November 5, 2010 and a analyst has placed a $60.00 price target on Transatlantic stock.  
 
If you own shares of Transatlantic stock and wish to discuss the legal ramifications of the proposed transaction, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at investorrelations@brodsky-smith.com, or by calling toll free 877-LEGAL-90. 

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