SCPIE Holdings (SKP) Completes Merger with The Doctors Company
More News related to SKP
- Skyepharma - Statement re Convertible Bonds
- SkyePharma PLC -- Interim Results
- Sciele Pharma, Inc. Reports Results for the Second Quarter of 2008
- Skyepharma PLC announces Research Update
- SCPIE Holdings (SKP) Completes Merger with The Doctors Company
More News related to Mergers and Acquisitions
- QCR Holdings (QCRH) to Sell First Wisconsin Bank & Trust for $13.5M
- Diebold (DBD) Comments on Withdrawal of Bid From United Technologies (UTX); Increases FY08 EPS Guidance
- Telefonica S.A. (TEF) Increases Offer to Acquire Compania de Telecomunicaciones de Chile
- Wells Fargo (WFC) Insurance Services Acquires EMAR Group
- Spartan Stores (SPTN) Agrees to Acquire 17 Supermarkets and 15 Pharmacies from VG's
SCPIE Holdings Inc. (NYSE: SKP) today announced the completion of its merger with The Doctors Company.
On October 15, 2007, SCPIE entered into a merger agreement with The Doctors Company which called for SCPIE stockholders to receive $28.00 in cash, without interest, for each share of SCPIE common stock held. The transaction was approved by SCPIE's stockholders on March 26, 2008. The total transaction is valued at approximately $296 million.
As a result of this transaction, SCPIE's common stock will cease to trade on the New York Stock Exchange at market close today, June 30, 2008, and will thereafter be delisted.
Related Categories
Mergers and AcquisitionsStocks Mentioned
+0.00Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
