Fosun to Acquire Meadowbrook Insurance Group, Inc.
HONG KONG and SOUTHFIELD, Mich., Dec. 30, 2014/ PRNewswire/– Fosun International Limited and Meadowbrook Insurance Group, Inc., today announced that they have entered into a definitive agreement under which Fosun will acquire Meadowbrook for US $8.65 per share in cash, representing an aggregate transaction value of approximately US $433 million.
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