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Notable Mergers and Acquisitions of the Day 12/11: XL, RIMM

 Dec 11, 2008 02:50 PM UTC
Return Risk
+9.67% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
XL n/a

Graphic_arrow1 Via StreetInsider.com News Articles:  

  • XL Capital Ltd's (NYSE: XL) commented on market rumors;

    The Company remains focused on operating its business and meeting the needs of its customers and is committed to taking actions as necessary to maximize value for its shareholders. In that regard, as can be expected in the current environment, the Company is continuing to explore value-enhancing opportunities available to it and is being assisted in that effort by one of its long-standing financial advisors, Goldman, Sachs & Co.

    Based upon the most recently available information, the Company anticipates that the estimated mark-to-market decline on its investment portfolio (comprised of changes in unrealized


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