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Endurance slams 'entrenched' Aspen board after 'poison pill' rights plan

Concept image of people merger

Endurance’s chief financial officer Michael McGuire has accused Aspen’s management of being “entrenched” and “not aligned with shareholder interests” after the firm continued to ward off its attempted takeover.

In a letter to shareholders dated April 20, Glyn Jones chairman of Aspen's board of directors and Aspen's chief executive officer Chris O'Kane reiterated their stance that Endurance's unsolicited bid

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