An investigation on behalf of investors, who currently hold shares of Aspen Insurance Holdings Limited (NYSE: AHL), was announced concerning whether the takeover of Aspen Insurance Holdings Limited is unfair to NYSE: AHL stockholders.

The investigation by a law firm concerns whether certain officers and directors of Aspen Insurance Holdings Limited breached their fiduciary duties owed to NYSE: AHL investors in connection with the proposed acquisition.

On August 28, 2018, affiliates of certain investment funds (the Apollo Funds) managed by affiliates of Apollo Global Management, LLC (together with its consolidated subsidiaries, Apollo) (NYSE: APO) and Aspen Insurance Holdings Limited (Aspen) (NYSE: AHL) announced that they have entered into an agreement under which Aspen Insurance Holdings Limited (NYSE: AHL) will be acquired by the Apollo Funds. Under the terms of the agreement, the Apollo Funds will acquire all of the outstanding shares of Aspen Insurance Holdings Limited (NYSE: AHL) for $42.75 per share in cash, representing an equity value of approximately $2.6 billion.

However, given that at least one analyst has set the high price target for NYSE:AHL at $46.00 per share, the investigation concerns whether the offer is unfair to NYSE: AHL stockholders. More specifically, the investigation concerns whether the Aspen Insurance Holdings Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.