When did WR Berkley go public?
W. R. Berkley Corporation officially completed its initial public offering and began trading its common stock on the public market on October 18, 1973, famously occurring just hours before the announcement of the historic Arab Oil Embargo. Founded by William R. Berkley, the enterprise leveraged its public market debut to secure long-term capital, enabling the insurance holding company to expand its specialty property, casualty, and reinsurance underwriting operations globally.
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