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MIGP Mercer Insurance Grp., Inc. (MM)

28.23
0.00 (0.00%)
Pre Market
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Mercer Insurance Grp., Inc. (MM) NASDAQ:MIGP NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 28.23 0 01:00:00

Kendall Law Group Investigates Mercer Insurance Group, Inc. Acquisition for Shareholders

01/12/2010 2:43pm

Business Wire


Mercer Insurance (NASDAQ:MIGP)
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Kendall Law Group, led by former federal judge Joe Kendall, is investigating Mercer Insurance Group, Inc. (NASDAQ: MIGP) for shareholders in connection with the proposed acquisition by United Fire & Casualty Company. The national securities firm’s investigation seeks to determine whether Mercer Insurance Group and its Board breached their fiduciary duties by entering into the agreement without properly shopping for a deal that would provide better value for shareholders. If you are a Mercer Insurance Group shareholder and would like additional information about your rights, contact the Kendall Law Group at 877-744-3728 or by email at skendall@kendalllawgroup.com.

On November 30, 2010, the companies announced the definitive merger agreement under which Mercer Insurance Group would be acquired by United Fire & Casualty, in a transaction valued at approximately $191 million. Under the terms of the agreement, Mercer Insurance Group stockholders will receive $28.25 in cash for each share of Mercer Insurance Group/MIGP common stock held. The firm’s investigation seeks to determine whether Mercer Insurance Group and its Board negotiated a deal that provides the best value available to shareholders.

Kendall Law Group was founded by a former federal judge, includes a former United States Attorney, prosecutors and securities lawyers who are experienced in complex securities litigation. The firm has been counsel in numerous merger and acquisition cases nationwide, including some of the largest transactions in the United States.

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