Meadowbrook (MIG) and ProCentury (PROS) Shareholders Approve Merger
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Meadowbrook Insurance Group, Inc. (NYSE: MIG) and ProCentury Corporation (Nasdaq: PROS) announced that shareholders of both companies have approved their merger. Robert Cubbin, President and CEO of Meadowbrook Insurance Group, Inc., and Edward Feighan, Chairman and CEO of ProCentury Corporation, jointly made the announcement.
Meadowbrook and ProCentury announced plans to merge in February 2008 and expect the transaction to close in the third quarter of 2008, pending receipt of remaining regulatory approvals and other customary closing conditions.[SM]
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