FPIC Insurance Group, Inc ( NASDAQ:FPIC) to be acquired by The Doctors Company at $42/share, 31 % premium.




FPIC Insurance Group, Inc ( NASDAQ:FPIC) to be acquired by The Doctors Company at $ 42 per share in cash. The value is about 31% higher than monday's closing price of the stock of $ 32.10. The aggregate value of the deal is around $362 million. Stock of the company is trading at around $ 41.40 almost close to offer price of the deal.




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