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Trisura Group Ltd V.TSU


Primary Symbol: T.TSU Alternate Symbol(s):  TRRSF

Trisura Group Ltd. is a specialty insurance provider. The Company is engaged in operating in surety, risk solutions, corporate insurance, and fronting business lines of the market. It has investments in subsidiaries through which it conducts insurance and reinsurance operations. Those operations are primarily in Canada (Trisura Canada) and the United States (Trisura US). Its segments include the operations of Trisura Canada, comprising surety business underwritten in both Canada and the United States, and risk solutions, fronting and corporate insurance products primarily underwritten in Canada and Trisura US, which provides specialty fronting insurance solutions underwritten in the United States. The main products offered by its surety business line are contract surety bonds, commercial surety bonds, developer surety bonds, and new home warranty insurance. Its contract surety bonds, such as performance and labor and material payment bonds, are primarily for the construction industry.


TSX:TSU - Post by User

Post by greenbookon Apr 27, 2011 9:11pm
380 Views
Post# 18497883

timing

timing
  i think this is really poor timing, as with good test results the s/p could be .60 or better and make the acquisition for 10 mil instead of 40 mil. shares, maybe that is what would of happened with a good first test, i don't know. it does seem strange to announce this right before what should be a major change in s/p one way or the other though.  anybody else have ideas..
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