Allied World Assurance (AWH) Declares $5.00 Special Dividend; 9.4% Yield

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Allied World Shareholders Approve Articles of Association Amendment and Special Dividend in Connection with Merger Transaction

March 22, 2017 4:05 PM EDT

ZUG, Switzerland--(BUSINESS WIRE)-- Allied World Assurance Company Holdings, AG (Allied World) (NYSE: AWH) announced today that its shareholders have approved both of the proposals that were voted on at the companys special shareholder meeting held in connection with the previously announced merger transaction with Fairfax Financial Holdings Limited (Fairfax). The approved matters include: (i) amending the companys Articles of Association to remove the limitation on the voting rights of a holder of 10% or more of the companys ordinary shares; and (ii) the payment, as soon as possible after the closing of an... More