American Re announces special Stockholders Meeting on November 21, 1996.PRINCETON, NJ--(BUSINESS WIRE)--October 24, 1996--American Re Corporation (NYSE-ARN) announced that a Special Meeting of Stockholders will be held on Thursday, November 21, 1996, at 9:00 a.m. to consider and vote on a proposal to approve and adopt the Agreement and Plan of Merger, dated as of August 13, 1996, among Munchener Ruckversicherungs-Gesellschaft Aktiengesellschaft in Munchen ("Munich Re Munich Re AG, in German Münchener Rück AG (ISIN: DE0008430026), is the world's second largest reinsurance company with over 5,000 customers in 160 countries and has its headquarters in Munich, Germany. "), American Re, and a wholly-owned subsidiary of Munich Re. The Company's common stockholders of record as of the close of business on October 21, 1996, are entitled to vote at the meeting, which will be held at The St. Regis Hotel, 2 East 55th Street, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY. American Re has begun mailing its proxy statement Proxy Statement A document containing the information that a company is required by the SEC to provide to shareholders so they can make informed decisions about matters that will be brought up at an annual stockholder meeting. concerning the meeting to common stockholders. The Company expects that the merger will close promptly after approval of the Agreement and Plan of Merger by the stockholders and the receipt of pending regulatory approvals. American Re, through its wholly owned subsidiaries Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , is a direct writer of treaty and facultative reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. and related services, with approximately 1,200 employees in 29 offices worldwide. CONTACT: James R. Fisher (609) 243-4602 or Thomas H. Walker, Jr. (609) 243-4679 |
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