mergers and acquisitions News
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 ...
National General to Pay $165M for Regional Auto Insurer Direct General
National General Holdings Corp. will pay $165 million for a Tennessee-based property/casualty insurer focused on nonstandard auto business. The New York City-based specialty insurance holding company ...
Political Connections Ease the M&A Process
Firms that maintain political connections have an easier path through the merger process. In a study that is the first to examine the issue, we compare the differences in merger behavior and outcomes ...
IACP Conference Report: Could CEO Retirements, Brexit Fuel M&A?
Short memories and immediate pressures on growth and profit are among the factors that may explain the surge of M&A deals in the property/casualty insurance sector last year, an analyst said last ...
Proxy Advisor Urges Towers Watson Shareholders to Reject $8.9B Willis Merger
Towers Watson & Co. shareholders should vote against an $8.9 billion merger with Willis Group Holdings Plc even after the insurance broker increased the offer amid a backlash from investors, ...
Arch Capital: Growing the Hard Way
In spite of rumors swirling around Bermuda companies about potential mergers and acquisitions, Mark Lyons, chief financial officer of Arch Capital Group Ltd., said his company, a specialty insurer ...
Towers Watson Shareholder Group Reportedly Wants Better Willis Merger Terms
Stakeholders who own millions of shares in Towers Watson & Co. are planning to vote against the firm's $8.7 billion merger with Willis Group Holdings Plc if the terms of the transactions are not ...