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BRO Brown and Brown Inc

83.50
0.65 (0.78%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Brown and Brown Inc NYSE:BRO NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.65 0.78% 83.50 83.64 81.79 83.48 1,012,697 01:00:00

Brown & Brown, Inc. Completes Acquisition of Vehicle Administrative Services

12/10/2020 11:15am

GlobeNewswire Inc.


Brown and Brown (NYSE:BRO)
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Brown & Brown, Inc. (NYSE:BRO) today announced the completion of the previously announced acquisition of Vehicle Administrative Services, LP, SafeRide Motor Club, Inc. and related affiliates (collectively, “VAS”) by Brown & Brown, Inc.

Brown & Brown, Inc. is a leading insurance brokerage firm, providing risk management solutions to individuals and businesses. With more than 80 years of proven success and thousands of teammates, we offer knowledge you can trust and strive to deliver superior customer service. For more information, please visit bbinsurance.com.

This press release may contain certain statements relating to future results which are forward-looking statements, including those associated with this acquisition. These statements are not historical facts, but instead represent only Brown & Brown’s current belief regarding future events, many of which, by their nature, are inherently uncertain and outside of Brown & Brown’s control. It is possible that Brown & Brown’s actual results and financial condition may differ, possibly materially, from the anticipated results and financial condition indicated in these forward-looking statements. Further information concerning Brown & Brown and its business, including factors that potentially could materially affect Brown & Brown’s financial results and condition, as well as its other achievements, is contained in Brown & Brown’s filings with the Securities and Exchange Commission. Such factors include those factors relevant to Brown & Brown’s consummation and integration of the announced acquisition, including any matters analyzed in the due diligence process, and material adverse changes in the business and financial condition of the seller, the buyer, or both, and their respective customers. All forward-looking statements made herein are made only as of the date of this release, and Brown & Brown does not undertake any obligation to publicly update or correct any forward-looking statements to reflect events or circumstances that subsequently occur or of which Brown & Brown hereafter becomes aware.

R. Andrew Watts                                                              Chief Financial Officer(386) 239-7550

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