Fosun Intl Ltd (FOSUF) 1.2815 $FOSUF
Bona Film Group Limited Announces Shareholders Vote to Approve Going Private Transaction
PR Newswire - Fri Mar 04, 7:00AM CST
Bona Film Group Limited ("Bona" or the "Company"
(NASDAQ: BONA), a leading film distributor and vertically integrated film company in China, announced today that, at an extraordinary general meeting held today, the Company's shareholders voted in favor of the proposal to authorize and approve the previously announced agreement and plan of merger (the "merger agreement" dated December 15, 2015 by and among Mountain Tiger International Limited ("Parent", Mountain Tiger Limited ("Merger Sub" and the Company, pursuant to which Merger Sub will be merged with and into the Company with the Company continuing as the surviving company as a wholly-owned subsidiary of Parent after the merger (the "merger", and to authorize and approve any and all transactions contemplated by the merger agreement, including the merger.
BONA: 13.63 (+0.02)
A.M. Best Comments on the Ratings of Ironshore Inc. and its Subsidiaries Following Announcement Related to Fosun International Limited's Chairman
BusinessWire - Thu Dec 17, 4:31PM CST
A.M. Best has commented that the financial strength rating of A (Excellent) and the issuer credit ratings (ICR) of "a" of Ironshore Insurance Ltd. (Bermuda) and its affiliated operating companies: Ironshore Indemnity Inc. (Minneapolis, MN), Ironshore Specialty Insurance Company (Phoenix, AZ) and Ironshore Europe Limited (Ireland) (collectively referred to as Ironshore), and the ICR of "bbb" of Ironshore Inc. (Cayman Islands), are not immediately affected by the recent events surrounding its ultimate parent, Fosun International Limited (Fosun). These ratings remain under review with negative implications.
BHF Kleinwort Benson : Shareholder Fosun announces intention to launch a takeover offer for BHF Kleinwort Benson Group at EU5.10 per share
GlobeNewswire - Mon Jul 27, 1:04AM CDT
BHF Kleinwort Benson Group SA (the "Company" announces that the Company's Board of Directors (the "Board" was informed directly by the Financial Services and Markets Authority (the "FSMA" that the FSMA had been advised of the intention of Eastgate Billion (Luxembourg) S. a r. l., an indirect wholly owned subsidiary of Fosun International Limited (together with its affiliates, "Fosun", to launch a voluntary and conditional public takeover offer in cash, for all outstanding shares of the Company (including treasury shares, the "Shares" that are not held by Fosun (the "Proposed Offer". The Board was not contacted by the proposed offeror prior to, nor has been contacted by them since, receiving notification from the FSMA. The Board will review the Proposed Offer and make further announcements in due course. In light of the nature of this Proposed Offer the Board has agreed to form a special sub-committee to review all aspects of the Proposed Offer. The special sub-committee will make recommendations to the full Board, as appropriate, reflecting the interests of all shareholders and other stakeholders. The special sub-committee will consist of non-executive, independent directors Gerd Hausler, Anne van Aaken and Konstantin Graf von Schweinitz and executive director Leonhard Fischer.
Fosun Group Expands the Health Consumption Investment by Partnering with Silver Cross
M2 - Mon Jul 20, 5:44AM CDT
London/Shanghai, Today, China's leading investment group, Fosun Group (Fosun International Limited [HKEx stock code: 00656] and its subsidiaries) announced a strategic partnership with Silver Cross, one of the most iconic nursery brands in the UK. This partnership will help accelerate Silver Cross's international growth.
Fosun Completes Acquisition of Meadowbrook Insurance Group
PR Newswire - Tue Jul 07, 8:35PM CDT
Fosun International Limited (HKEx stock code: 00656, together with its subsidiaries, "Fosun" or the "Group" and Meadowbrook Insurance Group, Inc. (NYSE: MIG) ("Meadowbrook" today announced the completion of Fosun's acquisition of Meadowbrook.
MIG: 8.64 (+0.01)
LendingTree Set to Join the S&P SmallCap 600
PR Newswire - Tue Jul 07, 4:55PM CDT
LendingTree Inc. (NASD: TREE) will replace Meadowbrook Insurance Group Inc. (NYSE: MIG) in the S&P SmallCap 600 after the close of trading on Thursday, July 9. Fosun International Limited is acquiring Meadowbrook Insurance Group in a deal that closed today.
TREE: 95.76 (+2.65), MHFI: 107.92 (+1.16), MIG: 8.64 (+0.01)
Meadowbrook Insurance Group, Inc. Announces Missouri Department of Insurance Approval relating to Fosun International Ltd.'s Acquisition of the Company
PR Newswire - Mon Jul 06, 3:01PM CDT
Meadowbrook Insurance Group, Inc. (NYSE: MIG) ("Meadowbrook" announces that on July 6, 2015, Fosun International Limited has received the required approval from the Missouri Department of Insurance regarding the acquisition of control of Meadowbrook's insurance company subsidiary, Savers Property and Casualty Insurance Company, domiciled in the state of Missouri. As of July 6, 2015 all required insurance regulatory approvals have been received. Meadowbrook intends to complete the acquisition as promptly as possible.
MIG: 8.64 (+0.01)
Meadowbrook Insurance Group, Inc. Announces Ohio Department of Insurance Approval relating to Fosun International Ltd.'s Acquisition of the Company
PR Newswire - Wed Jul 01, 3:01PM CDT
Meadowbrook Insurance Group, Inc. (NYSE: MIG) ("Meadowbrook" announces that on July 1, 2015, Fosun International Limited has received the required approval from the Ohio Department of Insurance regarding the acquisition of control of Meadowbrook's insurance company subsidiary, Century Surety Company, domiciled in the state of Ohio. The closing of the acquisition remains subject to the fulfillment or waiver of certain other customary closing conditions that have not yet been satisfied, including receipt of the remaining required insurance regulatory approval for Meadowbrook's insurance company domiciled in the state Missouri (Savers Property and Casualty Insurance Company). The application for the insurance regulatory approval in Missouri is substantially complete.
MIG: 8.64 (+0.01)
Meadowbrook Insurance Group, Inc. Announces California Department of Insurance Approval relating to Fosun International Ltd.'s Acquisition of the Company
PR Newswire - Fri Jun 26, 3:01PM CDT
Meadowbrook Insurance Group, Inc. (NYSE: MIG) ("Meadowbrook" announces that on June 25, 2015, Fosun International Limited has received the required approval from the California Department of Insurance regarding the acquisition of control of Meadowbrook's insurance company subsidiaries commercially domiciled in the state of California, which include Star Insurance Company, ProCentury Insurance Company and Williamsburg National Insurance Company. The closing of the merger contemplated by the Merger Agreement remains subject to the fulfillment or waiver of certain other customary closing conditions that have not yet been satisfied, including receipt of the remaining required insurance regulatory approvals for Meadowbrook's insurance companies domiciled in the state of Missouri (Savers Property and Casualty Insurance Company) and Ohio (Century Surety Company). The applications for insurance regulatory approvals in each of those states are substantially complete.
MIG: 8.64 (+0.01)
Bona Film Group Announces Receipt of Preliminary Non-Binding "Going Private" Proposal
GlobeNewswire - Fri Jun 12, 8:49AM CDT
Bona Film Group Limited ("Bona" or the "Company" (Nasdaq:BONA), a leading film distributor and vertically integrated film company in China, today announced that its Board of Directors (the "Board" has received a non-binding proposal letter, dated June 12, 2015, from Mr. Yu Dong ("Mr. Yu", founder, Chairman and CEO of the Company, Sequoia Capital China I LP and Fosun International Limited (together with Mr. Yu the "Buyer Group", proposing a "going-private" transaction (the "Transaction" to acquire all of the outstanding ordinary shares of the Company not already owned by the Buyer Group for US$13.70 in cash per American depositary share ("ADSs", or approximately US$27.40 per ordinary share, which represents approximately a 23.6% premium above the average closing price of the Company's ADSs over the last 30 trading days up to and including June 11, 2015.
BONA: 13.63 (+0.02)
INGENICO GROUP: Ingenico Group enters strategic partnership with Fosun to accelerate development in China
GlobeNewswire - Thu May 07, 12:10AM CDT
Today, Ingenico Group (Euronext: FR0000125346 - ING), the global leader in seamless payment, announces a strategic partnership with Fosun (Fosun International Limited and its affiliates), a leading China-based, globally oriented investment group, to extend its development strategy in China. Under the terms of the deal, the partnership will take the form of an investment by a fund managed by Fosun into Ingenico Group's Hong Kong-based holding.
Meadowbrook Insurance Group, Inc. Announces Date for First Quarter 2015 Earnings Release
PR Newswire - Wed Apr 29, 8:00AM CDT
Meadowbrook Insurance Group, Inc. (NYSE: MIG) announces that the release of its first quarter 2015 financial results will coincide with the Company's filing of its Form 10-Q for the three months ended March 31, 2015. Due to the pending transaction with Fosun International Limited, there will not be a related conference call.
MIG: 8.64 (+0.01)
Meadowbrook Insurance Group, Inc. Shareholders Approve Acquisition By Fosun International Limited
PR Newswire - Mon Apr 27, 3:01PM CDT
Meadowbrook Insurance Group, Inc. (NYSE: MIG) announces that at the annual meeting of shareholders today, shareholders of Meadowbrook Insurance Group, Inc. formally approved the pending acquisition of Meadowbrook by Fosun. Upon completion of the transaction, each share of Meadowbrook common stock will convert into the right to receive $8.65 in cash (subject to applicable withholding taxes).
MIG: 8.64 (+0.01)
Kingold Jewelry Receives $15 Million Strategic Investment From Subsidiary Of Fosun International Limited In A Private Placement Transaction
PR Newswire - Mon Apr 06, 7:00AM CDT
Kingold Jewelry, Inc. ("Kingold" or "the Company" (NASDAQ: KGJI), one of China's leading manufacturers and designers of high quality 24-karat gold jewelry, ornaments and investment-oriented products, today announced that it has entered into a convertible note purchase agreement with a majority-owned subsidiary of Fosun International Limited (HKEx stock code: 00656, together with its subsidiaries, "Fosun" that will result in $15 million of gross proceeds to the Company when the transaction closes.
KGJI: 1.80 (-0.01)
Meadowbrook Insurance Group, Inc. Announces Date for Fourth Quarter 2014 Earnings Release
PR Newswire - Tue Feb 10, 3:01PM CST
Meadowbrook Insurance Group, Inc. (NYSE: MIG) announces that the release of its fourth quarter and full year 2014 financial results will coincide with the Company's filing of their 2014 Form 10-K for fiscal year 2014. Due to the pending transaction with Fosun International Limited, there will not be a related conference call.
MIG: 8.64 (+0.01)
SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Meadowbrook Insurance Group, Inc.
BusinessWire - Fri Jan 09, 8:15PM CST
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Meadowbrook Insurance Group, Inc. ("Meadowbrook" or "the Company" (NYSE:MIG) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Fosun International Limited ("Fosun".
MIG: 8.64 (+0.01)
MEADOWBROOK INSURANCE GROUP INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Meadowbrook Insurance Group, Inc. Over the Proposed Sale of the Company to Fosun International Limited - MIG
PR Newswire - Tue Jan 06, 5:30PM CST
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Meadowbrook Insurance Group, Inc. ("Meadowbrook" or the "Company" (NYSE:MIG) for potential breaches of fiduciary duties in connection with the sale of the Company to Fosun International Limited ("Fosun" for approximately $433 million in an all-cash transaction. The Company's stockholders will only receive $8.65 for each share of Meadowbrook common stock they own.
MIG: 8.64 (+0.01)
MEADOWBROOK INSURANCE INVESTIGATION ALERT -- Andrews & Springer LLC Is Seeking More Cash for Shareholders of Meadowbrook Insurance Group Inc.
GlobeNewswire - Mon Jan 05, 7:25AM CST
Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against the Board of Directors of Meadowbrook Insurance Group, Inc. ("Meadowbrook" or the "Company" relating to the sale of the Company to Fosun International Limited ("Fosun". On December 30, 2014, the two companies announced the signing of a definitive merger agreement pursuant to which Fosun will acquire Meadowbrook in a merger worth $433 million. As a result of the merger, Meadowbrook shareholders are only anticipated to receive $8.65 per share in cash in exchange for each share of Meadowbrook.
MIG: 8.64 (+0.01)
Bona Film Group Limited Announces Shareholders Vote to Approve Going Private Transaction
PR Newswire - Fri Mar 04, 7:00AM CST
Bona Film Group Limited ("Bona" or the "Company"
(NASDAQ: BONA), a leading film distributor and vertically integrated film company in China, announced today that, at an extraordinary general meeting held today, the Company's shareholders voted in favor of the proposal to authorize and approve the previously announced agreement and plan of merger (the "merger agreement" dated December 15, 2015 by and among Mountain Tiger International Limited ("Parent", Mountain Tiger Limited ("Merger Sub" and the Company, pursuant to which Merger Sub will be merged with and into the Company with the Company continuing as the surviving company as a wholly-owned subsidiary of Parent after the merger (the "merger", and to authorize and approve any and all transactions contemplated by the merger agreement, including the merger. BONA: 13.63 (+0.02)
A.M. Best Comments on the Ratings of Ironshore Inc. and its Subsidiaries Following Announcement Related to Fosun International Limited's Chairman
BusinessWire - Thu Dec 17, 4:31PM CST
A.M. Best has commented that the financial strength rating of A (Excellent) and the issuer credit ratings (ICR) of "a" of Ironshore Insurance Ltd. (Bermuda) and its affiliated operating companies: Ironshore Indemnity Inc. (Minneapolis, MN), Ironshore Specialty Insurance Company (Phoenix, AZ) and Ironshore Europe Limited (Ireland) (collectively referred to as Ironshore), and the ICR of "bbb" of Ironshore Inc. (Cayman Islands), are not immediately affected by the recent events surrounding its ultimate parent, Fosun International Limited (Fosun). These ratings remain under review with negative implications.
BHF Kleinwort Benson : Shareholder Fosun announces intention to launch a takeover offer for BHF Kleinwort Benson Group at EU5.10 per share
GlobeNewswire - Mon Jul 27, 1:04AM CDT
BHF Kleinwort Benson Group SA (the "Company"
announces that the Company's Board of Directors (the "Board" was informed directly by the Financial Services and Markets Authority (the "FSMA" that the FSMA had been advised of the intention of Eastgate Billion (Luxembourg) S. a r. l., an indirect wholly owned subsidiary of Fosun International Limited (together with its affiliates, "Fosun", to launch a voluntary and conditional public takeover offer in cash, for all outstanding shares of the Company (including treasury shares, the "Shares" that are not held by Fosun (the "Proposed Offer". The Board was not contacted by the proposed offeror prior to, nor has been contacted by them since, receiving notification from the FSMA. The Board will review the Proposed Offer and make further announcements in due course. In light of the nature of this Proposed Offer the Board has agreed to form a special sub-committee to review all aspects of the Proposed Offer. The special sub-committee will make recommendations to the full Board, as appropriate, reflecting the interests of all shareholders and other stakeholders. The special sub-committee will consist of non-executive, independent directors Gerd Hausler, Anne van Aaken and Konstantin Graf von Schweinitz and executive director Leonhard Fischer. Fosun Group Expands the Health Consumption Investment by Partnering with Silver Cross
M2 - Mon Jul 20, 5:44AM CDT
London/Shanghai, Today, China's leading investment group, Fosun Group (Fosun International Limited [HKEx stock code: 00656] and its subsidiaries) announced a strategic partnership with Silver Cross, one of the most iconic nursery brands in the UK. This partnership will help accelerate Silver Cross's international growth.
Fosun Completes Acquisition of Meadowbrook Insurance Group
PR Newswire - Tue Jul 07, 8:35PM CDT
Fosun International Limited (HKEx stock code: 00656, together with its subsidiaries, "Fosun" or the "Group"
and Meadowbrook Insurance Group, Inc. (NYSE: MIG) ("Meadowbrook" today announced the completion of Fosun's acquisition of Meadowbrook. MIG: 8.64 (+0.01)
LendingTree Set to Join the S&P SmallCap 600
PR Newswire - Tue Jul 07, 4:55PM CDT
LendingTree Inc. (NASD: TREE) will replace Meadowbrook Insurance Group Inc. (NYSE: MIG) in the S&P SmallCap 600 after the close of trading on Thursday, July 9. Fosun International Limited is acquiring Meadowbrook Insurance Group in a deal that closed today.
TREE: 95.76 (+2.65), MHFI: 107.92 (+1.16), MIG: 8.64 (+0.01)
Meadowbrook Insurance Group, Inc. Announces Missouri Department of Insurance Approval relating to Fosun International Ltd.'s Acquisition of the Company
PR Newswire - Mon Jul 06, 3:01PM CDT
Meadowbrook Insurance Group, Inc. (NYSE: MIG) ("Meadowbrook"
announces that on July 6, 2015, Fosun International Limited has received the required approval from the Missouri Department of Insurance regarding the acquisition of control of Meadowbrook's insurance company subsidiary, Savers Property and Casualty Insurance Company, domiciled in the state of Missouri. As of July 6, 2015 all required insurance regulatory approvals have been received. Meadowbrook intends to complete the acquisition as promptly as possible. MIG: 8.64 (+0.01)
Meadowbrook Insurance Group, Inc. Announces Ohio Department of Insurance Approval relating to Fosun International Ltd.'s Acquisition of the Company
PR Newswire - Wed Jul 01, 3:01PM CDT
Meadowbrook Insurance Group, Inc. (NYSE: MIG) ("Meadowbrook"
announces that on July 1, 2015, Fosun International Limited has received the required approval from the Ohio Department of Insurance regarding the acquisition of control of Meadowbrook's insurance company subsidiary, Century Surety Company, domiciled in the state of Ohio. The closing of the acquisition remains subject to the fulfillment or waiver of certain other customary closing conditions that have not yet been satisfied, including receipt of the remaining required insurance regulatory approval for Meadowbrook's insurance company domiciled in the state Missouri (Savers Property and Casualty Insurance Company). The application for the insurance regulatory approval in Missouri is substantially complete. MIG: 8.64 (+0.01)
Meadowbrook Insurance Group, Inc. Announces California Department of Insurance Approval relating to Fosun International Ltd.'s Acquisition of the Company
PR Newswire - Fri Jun 26, 3:01PM CDT
Meadowbrook Insurance Group, Inc. (NYSE: MIG) ("Meadowbrook"
announces that on June 25, 2015, Fosun International Limited has received the required approval from the California Department of Insurance regarding the acquisition of control of Meadowbrook's insurance company subsidiaries commercially domiciled in the state of California, which include Star Insurance Company, ProCentury Insurance Company and Williamsburg National Insurance Company. The closing of the merger contemplated by the Merger Agreement remains subject to the fulfillment or waiver of certain other customary closing conditions that have not yet been satisfied, including receipt of the remaining required insurance regulatory approvals for Meadowbrook's insurance companies domiciled in the state of Missouri (Savers Property and Casualty Insurance Company) and Ohio (Century Surety Company). The applications for insurance regulatory approvals in each of those states are substantially complete. MIG: 8.64 (+0.01)
Bona Film Group Announces Receipt of Preliminary Non-Binding "Going Private" Proposal
GlobeNewswire - Fri Jun 12, 8:49AM CDT
Bona Film Group Limited ("Bona" or the "Company"
(Nasdaq:BONA), a leading film distributor and vertically integrated film company in China, today announced that its Board of Directors (the "Board" has received a non-binding proposal letter, dated June 12, 2015, from Mr. Yu Dong ("Mr. Yu", founder, Chairman and CEO of the Company, Sequoia Capital China I LP and Fosun International Limited (together with Mr. Yu the "Buyer Group", proposing a "going-private" transaction (the "Transaction" to acquire all of the outstanding ordinary shares of the Company not already owned by the Buyer Group for US$13.70 in cash per American depositary share ("ADSs", or approximately US$27.40 per ordinary share, which represents approximately a 23.6% premium above the average closing price of the Company's ADSs over the last 30 trading days up to and including June 11, 2015. BONA: 13.63 (+0.02)
INGENICO GROUP: Ingenico Group enters strategic partnership with Fosun to accelerate development in China
GlobeNewswire - Thu May 07, 12:10AM CDT
Today, Ingenico Group (Euronext: FR0000125346 - ING), the global leader in seamless payment, announces a strategic partnership with Fosun (Fosun International Limited and its affiliates), a leading China-based, globally oriented investment group, to extend its development strategy in China. Under the terms of the deal, the partnership will take the form of an investment by a fund managed by Fosun into Ingenico Group's Hong Kong-based holding.
Meadowbrook Insurance Group, Inc. Announces Date for First Quarter 2015 Earnings Release
PR Newswire - Wed Apr 29, 8:00AM CDT
Meadowbrook Insurance Group, Inc. (NYSE: MIG) announces that the release of its first quarter 2015 financial results will coincide with the Company's filing of its Form 10-Q for the three months ended March 31, 2015. Due to the pending transaction with Fosun International Limited, there will not be a related conference call.
MIG: 8.64 (+0.01)
Meadowbrook Insurance Group, Inc. Shareholders Approve Acquisition By Fosun International Limited
PR Newswire - Mon Apr 27, 3:01PM CDT
Meadowbrook Insurance Group, Inc. (NYSE: MIG) announces that at the annual meeting of shareholders today, shareholders of Meadowbrook Insurance Group, Inc. formally approved the pending acquisition of Meadowbrook by Fosun. Upon completion of the transaction, each share of Meadowbrook common stock will convert into the right to receive $8.65 in cash (subject to applicable withholding taxes).
MIG: 8.64 (+0.01)
Kingold Jewelry Receives $15 Million Strategic Investment From Subsidiary Of Fosun International Limited In A Private Placement Transaction
PR Newswire - Mon Apr 06, 7:00AM CDT
Kingold Jewelry, Inc. ("Kingold" or "the Company"
(NASDAQ: KGJI), one of China's leading manufacturers and designers of high quality 24-karat gold jewelry, ornaments and investment-oriented products, today announced that it has entered into a convertible note purchase agreement with a majority-owned subsidiary of Fosun International Limited (HKEx stock code: 00656, together with its subsidiaries, "Fosun" that will result in $15 million of gross proceeds to the Company when the transaction closes. KGJI: 1.80 (-0.01)
Meadowbrook Insurance Group, Inc. Announces Date for Fourth Quarter 2014 Earnings Release
PR Newswire - Tue Feb 10, 3:01PM CST
Meadowbrook Insurance Group, Inc. (NYSE: MIG) announces that the release of its fourth quarter and full year 2014 financial results will coincide with the Company's filing of their 2014 Form 10-K for fiscal year 2014. Due to the pending transaction with Fosun International Limited, there will not be a related conference call.
MIG: 8.64 (+0.01)
SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Meadowbrook Insurance Group, Inc.
BusinessWire - Fri Jan 09, 8:15PM CST
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Meadowbrook Insurance Group, Inc. ("Meadowbrook" or "the Company"
(NYSE:MIG) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Fosun International Limited ("Fosun". MIG: 8.64 (+0.01)
MEADOWBROOK INSURANCE GROUP INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Meadowbrook Insurance Group, Inc. Over the Proposed Sale of the Company to Fosun International Limited - MIG
PR Newswire - Tue Jan 06, 5:30PM CST
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Meadowbrook Insurance Group, Inc. ("Meadowbrook" or the "Company"
(NYSE:MIG) for potential breaches of fiduciary duties in connection with the sale of the Company to Fosun International Limited ("Fosun" for approximately $433 million in an all-cash transaction. The Company's stockholders will only receive $8.65 for each share of Meadowbrook common stock they own. MIG: 8.64 (+0.01)
MEADOWBROOK INSURANCE INVESTIGATION ALERT -- Andrews & Springer LLC Is Seeking More Cash for Shareholders of Meadowbrook Insurance Group Inc.
GlobeNewswire - Mon Jan 05, 7:25AM CST
Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against the Board of Directors of Meadowbrook Insurance Group, Inc. ("Meadowbrook" or the "Company"
relating to the sale of the Company to Fosun International Limited ("Fosun". On December 30, 2014, the two companies announced the signing of a definitive merger agreement pursuant to which Fosun will acquire Meadowbrook in a merger worth $433 million. As a result of the merger, Meadowbrook shareholders are only anticipated to receive $8.65 per share in cash in exchange for each share of Meadowbrook. MIG: 8.64 (+0.01)
