Tiptree Shareholders Approve Fortegra Acquisition by DB Insurance
Reuters
Dec 04
Tiptree Shareholders Approve Fortegra Acquisition by DB Insurance
Tiptree Inc. shareholders have approved the proposed acquisition of The Fortegra Group, Inc. by DB Insurance Co., Ltd. In the transaction, DB Insurance will acquire all outstanding shares of Fortegra in an all-cash deal, with Fortegra becoming a wholly owned subsidiary of DB Insurance. Preliminary results show that approximately 81% of votes cast at the Special Meeting were in favor of the proposal. The closing of the transaction is expected in mid-2026, subject to customary closing conditions, including regulatory approvals.
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