Mergers & Acquisitions

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Deal Overview

Buyer:
Conifer Holdings Inc.
Actual Acquirer:
Conifer Holdings Inc.
Target:
Mid-Continent Insurance Company
Deal Type:
Insurance Company
Insurance Sector
Property & Casualty
Agreement Date:
12/7/2010
Announcement Date:
12/8/2010
Announced Deal Value ($ M):
NA
Announced Deal Value, As Reported ($ M)
NA
Status:
Completed
Announced Deal Value Per Share ($ )
NA
Completion Date:
12/31/2010

Deal Terms
Description of Consideration

The terms of the deal were not disclosed. Buyer's statutory financials are for Conifer Insurance Co.

Percent Acquired (%) 100.00
Accounting Method Acquisition
Merger of Equals? No
Estimated Cost Savings (%) NA
Estimated Cost Savings ($ 000) NA
Est. Restructuring Charges ($ 000) NA
Deal Advisers
Financial Advisers
Party Advised Adviser Hired? Firm Name
Buyer NA NA
Seller Yes Philo Smith & Co.
Legal Counsel
Party Advised Adviser Hired? Firm Name
Buyer NA NA
Seller NA NA