×
0 0 0 0 0 0 0 0
Stockreport

American Financial Group, Inc. Enters Into Agreement to Acquire ABA Insurance Services

AMERICAN FINANCIAL GROUP (AFG)  More Company Research Source: Business Wire
Last american financial group earnings: 8/1 05:01 pm Check Earnings Report
US:NYSE Investor Relations: afginc.com/investors
PDF CINCINNATI--(BUSINESS WIRE)-- American Financial Group, Inc. (NYSE: AFG) announced today that it has reached a definitive agreement to acquire ABA Insurance Services Inc. (ABAIS) from American Bankers Mutual Insurance, Ltd. (ABMI). Based in Shaker Heights, Ohio, ABAIS is a market-leading provider of D&O and other complementary insurance solutions for banks, small businesses and nonprofit organizations, with a history that dates back thirty years. This acquisition will further strengthen Great American’s leadership position in targeted Specialty Casualty classes of business. Under the terms of the agreement, AFG will pay ABMI approximately $28 million in cash at closing. This business is expected to contribute approximately $50 million in net written premiums on an annual basis. The transaction is expected to close in the fourth quarter, following customary regulatory approvals. Following the tran [Read more]

IMPACT SNAPSHOT EVENT TIME: AFG
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

Don't Miss Out On The Next BIG Stock Move
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS
Opt-in for
AFG alerts
from News Quantified
Opt-in for
AFG alerts

from News Quantified
Opt-in for
AFG alerts

from News Quantified