Boston Omaha Shares Rise After Deal to Sell Surety Insurance Business

Dow Jones
05/19
 

By Chris Wack

 

Boston Omaha shares were 10% higher, at $12.13, after the company said it entered into a definitive securities purchase agreement to sell its surety insurance business, operated by General Indemnity Group, to CopperPoint Insurance.

The company said the transaction is structured as an all-cash transaction under which CopperPoint will buy all of the outstanding equity interests of General Indemnity.

General Indemnity operates its surety insurance business through two wholly owned subsidiaries, United Casualty & Surety Insurance and surety placement platform BOSS Bonds.

The company said the acquisition includes SuretyBonds.Market, a proprietary technology platform developed by General Indemnity.

The transaction is expected to close prior to year-end 2026, pending receipt of required regulatory approvals.

For 2025, General Indemnity reported revenue of $27.2 million.

 

Write to Chris Wack at chris.wack@wsj.com

 

(END) Dow Jones Newswires

May 18, 2026 13:11 ET (17:11 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10