merger News

Walgreens Reaches $105M Settlement with Shareholders

Walgreens Boots Alliance Inc. agreed to pay $105 million to settle a long-running class-action lawsuit accusing it of misleading shareholders about how rising generic drug prices and reimbursement pressures would hurt its pharmacy business. The preliminary all-cash settlement was filed …

Shareholder Suits Over Willis/Towers Watson Merger May Cost Insurers $80M

Seven insurers that shared the risk for directors and officers policies sold to Towers Watson may have to pay up to $80 million for settlements with shareholders who cried foul after learning that the brokerage’s merger with Willis included a …

Hippo to Go Public in $5B Merger With Mark Pincus, Reid Hoffman-Backed SPAC

Hippo Enterprises will go public through a $5 billion merger with a blank-check firm backed by Silicon Valley heavyweights Reid Hoffman and Mark Pincus, in a sign of rising interest in the fast-growing “insurtech” sector. The deal, announced on Thursday, …

Claims Business: CCC, AF Group and Decision UR, Aclaimant and StrongArm

CCC Merges, Expects IPO CCC Information Services is merging with a blank check company in a step that will pump nearly $1 billion into the company. CCC, based in Chicago, said it is joining Dragoneer Growth Opportunities Corp., a special …

Nationwide and Harleysville Combine

Nationwide Mutual Insurance Company and Harleysville Mutual Insurance Company and Harleysville Group Inc. today announced they have entered into an agreement under which Harleysville will combine with Nationwide. Under the terms of the agreement, Harleysville Mutual policyholders will become policyholders …

Another California County Agrees to Fire Department Merger

The last of four San Mateo County cities considering merging their fire departments has agreed to move forward with the plan. The Burlingame City Council on Monday voted in favor of creating a pilot program that would test the merger. …