By: Benzinga
December 19, 2012 at 13:46 PM EST
Sterne Agee Reiterates Buy Rating, $29 PT on Alterra Capital Holdings Ltd.
In a report published Wednesday, Sterne Agee Group reiterated its Buy rating and $29.00 price target on Alterra Capital Holdings Ltd. (NASDAQ: ALTE ). Sterne Agee noted, “ALTE and MKL announced a merger agreement in which MKL will acquire ALTE for approximately $31 in stock and cash. The purchase price
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