| 2016-10-06 08:08:19|
BCRH 08:08 10/06 10/06/16
Blue Capital comments on acquisition of Endurance Specialty Holdings
Blue Capital's board reports that Endurance Specialty Holdings, the parent company of Blue Capital Management, the company's investment manager, announced on October 5, 2016 that it has entered into a definitive merger agreement pursuant to which it will be acquired by Sompo Holdings. The company does not anticipate any changes in the management of Blue Capital and all members of the Endurance Executive Team have agreed to continue in their current roles following the acquisition for at least five years.