Safety Insurance Group NASDAQ:SAFT shares surged about 40% on early Friday after the insurer agreed to be acquired by Mapfre in an all-cash transaction valued at approximately $1.54 billion.Under the terms of the agreement, Safety Insurance shareholders will receive $105 per share in cash, represen…
Safety Insurance Group entered into an Agreement and Plan of Merger with MAPFRE U.S.A. Under the deal, Splash Merger Sub will merge into Safety Insurance Group, and shareholders will receive $105.00 in cash per share, with the company becoming a wholly owned subsidiary of MAPFRE U.S.A. The transact…
Safety Insurance Group Inc. (NASDAQ:SAFT) (“Safety”), one of the leading property and casualty insurers in Massachusetts and across New England, today announced that it has entered into a definitive agreement under which an affiliate of Mapfre S.A. ("Mapfre") will acquire Safety in an all-cash tran…
