National Atlantic Holdings (NAHC) Enters Merger Agreement With Palisades Safety and Insurance
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National Atlantic Holdings Corporation (NASDAQ: NAHC) entered into a definitive merger agreement to be acquired by a subsidiary of Palisades Safety and Insurance Association, a New Jersey licensed insurance exchange.
Under the terms of the agreement, each outstanding share of common stock of National Atlantic will be canceled and converted into the right to receive $6.25 in cash per share.
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