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Tiptree Announces Shareholder Approval of Proposed Merger of Fortegra and DB Insurance
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Tiptree Announces Shareholder Approval of Proposed Merger of Fortegra and DB Insurance
GREENWICH, Conn.–(BUSINESS WIRE)–Tiptree Inc. (NASDAQ: TIPT) today announced that, at the Company’s Special Meeting of Shareholders, Tiptree shareholders approved the previously announced Agreement and Plan of Merger by and among Tiptree, The Fortegra Group, Inc. and DB Insurance Co., Ltd., providing for the acquisition by DB of all of the outstanding stock of Fortegra in an all-cash deal by means of a merger of a wholly owned subsidiary of DB w…
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