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Haverford decreases stake in Flagstone Reinsurance to 11.62%
By E. Janene Geiss
Philadelphia, Nov. 13 - Haverford (Bermuda) Ltd. decreased its equity investment to 11.62% in Flagstone Reinsurance Holdings Ltd. as of Nov. 12, according to an SC 13G/A filing with the Securities and Exchange Commission.
The holdings represent a passive stake of 9,838,795 shares.
Those holdings are down from a passive stake of 11.8%, or 10,900,000 shares, that the company first reported owning on Dec. 31, 2007.
Flagstone Reinsurance is a Bermuda-based reinsurance company.
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