Doma Holdings Closes Go-Private Deal

MT Newswires Live

Sep 27, 2024

Doma Holdings (DOMA) said Friday it has completed its merger with title insurance underwriter Title Resources Group.

Doma said its Doma Title Insurance underwriting division will operate as a Title Resources Group unit, while its technology division has been renamed Doma Technology and will operate on a separately capitalized basis.

Doma Technology and Title Resources Group will operate as sister companies, Doma said.

The company said that through a subsidiary, Centerbridge Partners, Title Resources Group's largest shareholder, will be the majority owner of Doma Technology.

Doma said Hudson Structured Capital Management, which also participated in the deal, will have a "significant" stake in Doma Technology.

Doma Technology's board will be chaired by former Assurant (AIZ) Chief Executive Alan Colberg, Doma said.

Price: 6.28, Change: +0.15, Percent Change: +2.45

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2470625089"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2470625089\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2470625089?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-09-27 21:52","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2470625089","market":"sh","top_or_hot":-1,"title":"Doma Holdings Closes Go-Private Deal","media":"MT Newswires Live","content":"<html><body><p> Doma Holdings (DOMA) said Friday it has completed its merger with title insurance underwriter Title Resources Group.</p><p>Doma said its Doma Title Insurance underwriting division will operate as a Title Resources Group unit, while its technology division has been renamed Doma Technology and will operate on a separately capitalized basis.</p><p>Doma Technology and Title Resources Group will operate as sister companies, Doma said.</p><p>The company said that through a subsidiary, Centerbridge Partners, Title Resources Group's largest shareholder, will be the majority owner of Doma Technology.</p><p>Doma said Hudson Structured Capital Management, which also participated in the deal, will have a \"significant\" stake in Doma Technology.</p><p>Doma Technology's board will be chaired by former Assurant (AIZ) Chief Executive Alan Colberg, Doma said.</p><p>Price: 6.28, Change: +0.15, Percent Change: +2.45</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Doma Holdings Closes Go-Private Deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDoma Holdings Closes Go-Private Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2024-09-27 21:52</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Doma Holdings (DOMA) said Friday it has completed its merger with title insurance underwriter Title Resources Group.</p><p>Doma said its Doma Title Insurance underwriting division will operate as a Title Resources Group unit, while its technology division has been renamed Doma Technology and will operate on a separately capitalized basis.</p><p>Doma Technology and Title Resources Group will operate as sister companies, Doma said.</p><p>The company said that through a subsidiary, Centerbridge Partners, Title Resources Group's largest shareholder, will be the majority owner of Doma Technology.</p><p>Doma said Hudson Structured Capital Management, which also participated in the deal, will have a \"significant\" stake in Doma Technology.</p><p>Doma Technology's board will be chaired by former Assurant (AIZ) Chief Executive Alan Colberg, Doma said.</p><p>Price: 6.28, Change: +0.15, Percent Change: +2.45</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4107","symbol_name":"财产与意外伤害保险","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2470625089","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2470625089","pubTimestamp":1727445144,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Doma Holdings  said Friday it has completed its merger with title insurance underwriter Title Resources Group.Doma said its Doma Title Insurance underwriting division will operate as a Title Resources Group unit, while its technology division has been renamed Doma Technology and will operate on a separately capitalized basis.Doma Technology and Title Resources Group will operate as sister companies, Doma said.The company said that through a subsidiary, Centerbridge Partners, Title Resources Group's largest shareholder, will be the majority owner of Doma Technology.Doma said Hudson Structured Capital Management, which also participated in the deal, will have a \"significant\" stake in Doma Technology.Doma Technology's board will be chaired by former Assurant  Chief Executive Alan Colberg, Doma said.Price: 6.28, Change: +0.15, Percent Change: +2.45","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4107":"财产与意外伤害保险","LU0205193047.USD":"SCHRODER ISF US SMALL & MID-CAP EQUITY \"A\" (USD)  ACC","BK4585":"ETF&股票定投概念","BK4079":"房地产服务","LU0240878834.USD":"SCHRODER ISF GLOBAL SMALL COMPANIES \"A\" (USD) INC AV","BK7030":"航空公司","DOMA":"Doma Holdings Inc.","LU0240877869.USD":"SCHRODER ISF GLOBAL SMALL COMPANIES \"A\" ACC","LU0205194284.USD":"SCHRODER ISF US SMALL & MID-CAP EQUITY \"A\" (USD) INC AV","AIZ.AU":"AIR NEW ZEALAND LTD","BK4117":"多元化保险","AIZ":"安信龙保险","BK4588":"碎股"},"translate_title":"Doma Holdings完成私有化交易","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AIZ":1,"AIZ.AU":1,"DOMA":0.9},"content_text":"Doma Holdings (DOMA) said Friday it has completed its merger with title insurance underwriter Title Resources Group.Doma said its Doma Title Insurance underwriting division will operate as a Title Resources Group unit, while its technology division has been renamed Doma Technology and will operate on a separately capitalized basis.Doma Technology and Title Resources Group will operate as sister companies, Doma said.The company said that through a subsidiary, Centerbridge Partners, Title Resources Group's largest shareholder, will be the majority owner of Doma Technology.Doma said Hudson Structured Capital Management, which also participated in the deal, will have a \"significant\" stake in Doma Technology.Doma Technology's board will be chaired by former Assurant (AIZ) Chief Executive Alan Colberg, Doma said.Price: 6.28, Change: +0.15, Percent Change: +2.45","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}