BRIEF-Porch Group Announces Agreement To Acquire Allied Trust
Reuters2026/10/13 20:14Porch Group, Inc. PRCH.O:
PORCH GROUP ANNOUNCES AGREEMENT TO ACQUIRE ALLIED TRUST
PORCH GROUP - DEAL EXPECTED TO ADD $200 MILLION RWP AND $25 MILLION ADJUSTED EBITDA (EXCLUDING RECIPROCAL) IN FIRST FULL YEAR
PORCH GROUP - EXPECTS TO FILE FOR ATM EQUITY OFFERING PROGRAM TO SELL PRCH SHARES
PORCH GROUP - TO BUY MGA AND CAPTIVE REINSURANCE ENTITY FOR $95 MILLION
PORCH GROUP: RECIPROCAL TO ACQUIRE ALLIED TRUST'S INSURANCE CARRIER FOR INITIAL BASE PRICE OF $55 MILLION IN CASH, PLUS $50 MILLION OF DEFERRED CONSIDERATION
PORCH GROUP: EXPECTS TO FILE FOR AN ATM PROGRAM THAT WOULD PROVIDE RECIPROCAL OR PORCH GROUP WITH ABILITY TO SELL PRCH SHARES
Source text: ID:nBw2PVfma
Further company coverage: PRCH.O
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Amgen (AMGN.US) and AstraZeneca (AZN.US) combination therapy extends small cell lung cancer survival by eight months, reduces risk of death by 58%
Researchers combined Amgen's Imdelltra with AstraZeneca's Imfinzi and found that for patients with aggressive lung cancer whose tumors had already spread, this combination extended survival by about eight months compared to Imfinzi monotherapy. Small cell lung cancer is one of the cancer types with the worst prognosis.
Crypto prices
More
