trending Market Intelligence /marketintelligence/en/news-insights/trending/5cpum4r8trps3swol_mdpg2 content
BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
PRIVACY & COOKIE NOTICE
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

American Financial discloses termination fee in Great American/National Interstate deal

Municipal-Run Fiber Tops 280000 Subscribers In 2018

Mobile Payment Apps Driving Fintech Frenzy In India

Street Talk Episode 42: Banks losing consumer deposits to fintech, digital platforms, commercial might be next

Corporate Renewables Market Looks To Continue Growth After Record 2018


American Financial discloses termination fee in Great American/National Interstate deal

Great AmericanInsurance Co.'s agreementto acquire includesa $13.5 million termination fee if the National Interstate board finds a betteroffer and recommends it before the deal with Great American closes.

Great American could recover up to about $4.0 million in feesand expenses from National Interstate if the board recommends against the agreementunder a circumstance in which the fee is not payable, according to a federal document.

Great American could also be reimbursed for that amount if NationalInterstate shareholders reject the deal in lieu of another offer or if NationalInterstate was found to have breached its representations, warranties or covenantswith another buyer available.