Aspen Insurance gets $3.2B Offer from Endurance and Walgreen Is under Pressure to Relocate for Tax Benefits

Aspen Insurance Holdings Ltd. (NYSE: AHL) and its board has rejected a proposal from fellow insurance company Endurance Specialty Holdings Ltd. to buy the company for about $3.2 billion. The board rejected the proposed deal because it is "not in the best interest" of the company or shareholders, and that Endurance "has a mixed operating track record, new leadership, an unproven strategy and no experience with large acquisitions." Endurance has been snubbed by Aspen for three months. Aspen Insurance Holdings Limited, through its subsidiaries, operates in insurance and reinsurance