AmTrust committee picks Deutsche Bank as financial adviser

AmTrust today said the group of directors scrutinising the
take-private proposal from Stone Point Capital and the founding
Karfunkel-Zyskind family have retained Deutsche Bank as a financial
adviser.
The investment bank will help the directors evaluate the offer,
which values AmTrust'soutstanding shares at $1.37bn.The committee ischaired by Donald DeCarlo, a non-executive director at AmTrust.Bank of America Merrill Lynch is advising AmTrust itself on the
deal.
Using a special committee is common