Mercer Insurance/United Fire & Casualty
On December 1, 2010, United Fire & Casualty Company (Nasdaq: UFCS) and Mercer Insurance Group, Inc. (Nasdaq: MIGP) announced that they have entered into an agreement whereby United Fire will acquire all of the outstanding shares of Mercer Insurance common for $28.25 per share, or a total consideration of $191 million.
United Fire is being advised in this transaction by Keefe, Bruyette & Woods, Inc. and the law firms of Bradley & Riley PC and Sidley Austin LLP.
Mercer is being advised by Sandler O'Neill + Partners, L.P. and the law firm of Stevens & Lee.
The transaction is expected to be completed in Q111.
United Fire is being advised in this transaction by Keefe, Bruyette & Woods, Inc. and the law firms of Bradley & Riley PC and Sidley Austin LLP.
Mercer is being advised by Sandler O'Neill + Partners, L.P. and the law firm of Stevens & Lee.
The transaction is expected to be completed in Q111.
