American Financial Group News
Great American Insurance Chooses Gruber as New President and COO
Great American Insurance Group promoted a longtime executive to become its new president and chief operating officer. Gary Gruber will assume his new role with the Ohio-based company as of Jan. 1, ...
National Interstate Comes Around to American Financial’s $320M M&A Bid
It took plenty of back-and-forth, counter-offers and more, but American Financial Group has finally reached an agreement to buy the rest of National Interstate Corp. that its subsidiary does not ...
American Financial Pitches ‘Best and Final’ Offer to National Interstate
American Financial Group is trying again, upping its bid one last time to acquire the remaining common shares of National Interstate Corp. that its subsidiary doesn't already own. Great American ...
National Interstate Keeps Rebuffing American Financial’s M&A Bid
Three months after an initial offer, a bid by a division of insurance holding company American Financial Group to buy the rest of National Interstate Corp. that it doesn't already own appears remains ...
American Financial Wants 49% of National Interstate Corp. for $293M
Insurance holding company American Financial Group wants to snatch up the rest of National Interstate Corp. that its subsidiary doesn't already own in a proposed $293 million deal. The ownership ...
AFG Terminates Tender Offer for National Interstate Shares
The U.S. District Court for the Northern District of Ohio on March 14 stated that it would grant a motion for preliminary injunction enjoining the consummation of the tender offer of Great American ...
Why American Financial is Buying Summit; Execs Reveal Deal Benefits
The ability to use cash for investments is one of the reasons executives of American Financial Group gave for paying $250 million for some former Liberty Mutual workers compensation units last week. ...
American Financial Buying WC Unit Summit Southeast from Liberty Mutual
American Financial Group has agreed to buy Summit Holdings Southeast Inc. and its related companies from Liberty Mutual Insurance in an all-cash transaction valued at $250 million. Based in Lakeland, ...