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0.0823355891028978 0.0823355891028978 0.0845045982994967 0.0845045982994967 0.0845045982994967 0.0845045982994967 0.0845045982994967 0.0953496442824917
Stock impact report

 1347 Property Insurance Holdings Completes Sale of Insurance Operations to FedNat

1347 Property Insurance Holdin, Inc (PIH)  More Company Research Source: Business Wire
Last 1347 property insurance holdin, inc earnings: 3/20 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: 1347pih.com
PDF  Becomes Largest Shareholder of FedNat Post Highly Synergistic TransactionNew Growth Strategy Targeting Asymmetric Risk/Reward OpportunitiesStrategic Plan Focused on Reinsurance and Investment Management TAMPA, Fla.--(BUSINESS WIRE)--1347 Property Insurance Holdings, Inc. (Nasdaq: PIH) (the “Company” or “1347 PIH”), today announced the closing of the previously-announced sale of 1347 PIH’s homeowners’ insurance operations (the “Asset Sale”), consisting of Maison Insurance Company, Maison Managers, Inc., and ClaimCor, LLC (collectively, “Maison”), to FedNat Holding Company (Nasdaq: FNHC) (“FedNat”). The total consideration was paid in a combination of cash and stock valued at $51.0 million, consisting of $25.5 million of cash and 1,773,102 shares of FedNat stock. In addition, $18.0 million of outstanding surplus note obligations were repaid to 1347 PIH. The estimated book value per share of 1347 PIH following the closing of the transaction is approximately $6.67 per share based on $ [Read more]
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