(Reuters) - Alfa Mutual Insurance Co., Alfa Mutual Fire Insurance Co.
and Alfa Mutual General Insurance Co. own a majority of the
company's common shares and are referred to collectively as
Alfa Mutual.
The group, which as of March 6 held almost 55 percent of
company shares, offered to buy the outstanding Alfa Corp. stock
it does not currently own. Its $17.60 per share cash offer
represents a 15.8 percent premium over Alfa Corp.'s Nasdaq
closing price of $15.20 on Tuesday.
Read more at Reuters.com Mergers News
and Alfa Mutual General Insurance Co. own a majority of the
company's common shares and are referred to collectively as
Alfa Mutual.
The group, which as of March 6 held almost 55 percent of
company shares, offered to buy the outstanding Alfa Corp. stock
it does not currently own. Its $17.60 per share cash offer
represents a 15.8 percent premium over Alfa Corp.'s Nasdaq
closing price of $15.20 on Tuesday.
Read more at Reuters.com Mergers News
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