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TPG Global's sale of remaining shares in Assurant closes at lower price

A secondary public offering of the remaining 7,869,230 common shares of Assurant Inc. held by certain affiliates of TPG Global LLC was completed at a lower price of $98.15 per share,

Gross proceeds from the offering, which closed on March 21, were about $772.4 million.

The offering was originally priced at $98.70 per share.