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Sidoti Downgrades SeaBright Holdings (SBX) to Neutral

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SeaBright Holdings (SBX) Acquired at 34% Premium

August 28, 2012 11:45 AM EDT

SeaBright Holdings, Inc. (NYSE: SBX) announced late Monday that it agreed to be acquired by Enstar Group Limited (Nasdaq: ESGR) for $11.11 per share in cash, or a 34.3 percent premium to Monday's closing price.

Completion of the transaction is... More