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Lindsey Morden dispels rumors of merger/disposal


May 11, 2005   by Canadian Underwriter


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Lindsey Morden Group Inc. (TSX: LM.SV) the holding company for the Cunningham Lindsey Group of subsidiaries has issued a statement denying rumors "circulating in the U.K. insurance press" that the company intends disposing of any of its British operations or considering a merger with another adjusting firm. Specifically, the statement refers to outside parties GAB Robins and Brera Capital which, presumably, are believed to be at the center of any deal discussions that might be taking place with Lindsey Morden. However, Lindsey Morden is emphatic that no discussions have taken place with these companies, and it has no interest in doing so regarding any possible merger, acquisition or divesture of the Cunningham Lindsey companies. "The Cunningham Lindsey UK, International and European business are well established, successful and market leaders in their own sectors," says Lindsey Morden president Jan Christiansen.


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