McNeil & Company To Be Acquired by Arch Capital Group Ltd.
Arch Capital Group Ltd. (ACGL)
Last arch capital group ltd. earnings: 2/11 04:31 pm
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US:NASDAQ Investor Relations:
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Source: Business Wire
CORTLAND, N.Y.--(BUSINESS WIRE)-- McNeil & Company (“McNeil”), a leader in specialized risk assessment and insurance, announced today that it has entered into an agreement under which Arch Capital Group Ltd. (NASDAQ: ACGL)(“Arch”), a leading global insurer, will acquire McNeil & Company. The transaction is expected to close later this quarter. McNeil & Co. will retain its identity and remain headquartered in Cortland, NY as a standalone affiliate of Arch Insurance Group (U.S.). Building on a successful 17-year partnership, this acquisition will provide mutual benefit to both parties. With over $11 billion in capital, Arch will provide McNeil with new opportunities to achieve scale and grow its business through additional products and resources, delivered through McNeil's existing platform and unique distribution system. McNeil will continue to operate as it has for the last 28 years, but with gre
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ACGL
News
- Arch Capital Group Ltd. (NASDAQ: ACGL) had its price target raised by analysts at Morgan Stanley from $104.00 to $109.00. They now have an "overweight" rating on the stock.MarketBeat
- Arch Capital Group Ltd. (NASDAQ: ACGL) had its "market outperform" rating re-affirmed by analysts at JMP Securities. They now have a $100.00 price target on the stock.MarketBeat
- Reasons Why Investors Should Retain Arch Capital (ACGL) [Yahoo! Finance]Yahoo! Finance
- Arch Capital Group Ltd. (NASDAQ: ACGL) had its price target raised by analysts at Evercore ISI from $92.00 to $100.00. They now have an "in-line" rating on the stock.MarketBeat
- Arch Capital Group Ltd. (NASDAQ: ACGL) had its price target raised by analysts at Wells Fargo & Company from $104.00 to $109.00. They now have an "overweight" rating on the stock.MarketBeat
ACGL
Earnings
- 2/14/24 - Beat
ACGL
Sec Filings
- 4/5/24 - Form 8-K
- 3/28/24 - Form ARS
- 3/28/24 - Form DEFA14A
- ACGL's page on the SEC website