This is an article 78 proceeding to review and annul the action of the Superintendent of Insurance in approving a merger of American Surety Company of New York (American) and Transamerica Insurance Company (Insurance). Petitioner owns 1,352 shares of American (less than 1/10 of 1% of the issued and outstanding stock). Transamerica Corporation (Transamerica) owned 100% of the stock of Insurance and...
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