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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

Ryan & Maniskas, LLP Announces Investigation of Mercer Insurance Group, Inc.

02/12/2010 5:00pm

Business Wire


Mercer Insurance (NASDAQ:MIGP)
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Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/migp) is investigating potential claims against the board of directors of Mercer Insurance Group, Inc. ("Mercer Insurance" or the "Company") (NASDAQ: MIGP) concerning possible breaches of fiduciary duty and other violations of law related to the Company’s efforts to sell Mercer Insurance to United Fire & Casualty Company in a transaction valued at approximately $191 million.

Our investigation concerns possible breaches of fiduciary duty and other violations of law related to approval of the transaction by Company’s board of directors; in particular, whether the Company undertook a fair process to obtain fair consideration for all shareholders of Mercer Insurance. For more information regarding our investigation, please contact Ryan & Maniskas, LLP (Richard A. Maniskas, Esquire) toll-free at (877) 316-3218 or by email at rmaniskas@rmclasslaw.com or visit: www.rmclasslaw.com/cases/migp.

Under the terms of the proposed transaction, Mercer Insurance shareholders will receive $28.25 in cash for each share they own of the Company’s common stock.

If you own shares of Mercer Insurance and would like to learn more about these claims or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at (877) 316-3218 or to sign up online, visit: www.rmclasslaw.com/cases/migp. You may also email Mr. Maniskas at rmaniskas@rmclasslaw.com. For more information about class action cases in general, please visit our website: www.rmclasslaw.com.

Ryan & Maniskas, LLP is a national shareholder litigation firm. Ryan & Maniskas, LLP is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide.

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