Protective Insurance Corporation - Class B (nonvoting) (PTVCB) News
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Latest PTVCB News From Around the Web
Below are the latest news stories about Protective Insurance Corp that investors may wish to consider to help them evaluate PTVCB as an investment opportunity.
Protective Insurance Acquired by ProgressiveMAYFIELD VILLAGE, Ohio, June 01, 2021 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE: PGR) today announced that it has successfully completed the acquisition of Protective Insurance Corporation (NASDAQ: PTVCA and PTVCB). Under the terms of the merger agreement, holders of Class A and Class B common shares of Protective will receive $23.30 per share in cash, without interest, for a total transaction value of approximately $338 million. The acquisition was previously announced on February 1 |
Progressive Completes Acquisition of Protective InsuranceMAYFIELD VILLAGE, OHIO, June 01, 2021 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE: PGR) today announced that it has successfully completed the acquisition of Protective Insurance Corporation (NASDAQ: PTVCA and PTVCB). Under the terms of the merger agreement, holders of Class A and Class B common shares of Protective will receive $23.30 per share in cash, without interest, for a total transaction value of approximately $338 million. The acquisition was previously announced on February 1 |
Protective Insurance Corporation Announces Results for the First Quarter 2021CARMEL, Ind., May 06, 2021 (GLOBE NEWSWIRE) -- Protective Insurance Corporation (NASDAQ: PTVCA, PTVCB) today reported first quarter net income of $12.9 million, or $0.90 per share, which compares to net loss of $22.2 million, or $1.56 per share, for the prior year’s first quarter. Highlights for the first quarter of 2021 include: Net premiums earned increased to $122.9 million in the first quarter of 2021 from $109.7 million in the first quarter of 2020, primarily as a result of rate increases achieved in most lines of business and existing business exposure growth in our commercial automobile products.Accident Year combined ratio was 97.4% for the first quarter of 2021, an improvement of 6.8 points over the comparative 2020 period.Realized and unrealized investment gains recognized thr... |
Protective Insurance Shareholders Approve Proposed Transaction with ProgressiveCARMEL, Ind., May 06, 2021 (GLOBE NEWSWIRE) -- Protective Insurance Corporation (NASDAQ: PTVCA and PTVCB) (“Protective” or the “Company”) today announced that at a special meeting of shareholders held yesterday, the Company’s class A shareholders approved a proposal to adopt the merger agreement, dated as of February 14, 2021 (the “Merger Agreement”), by and among the Company, The Progressive Corporation (NYSE: PGR) (“Progressive”) and Carnation Merger Sub Inc. an indirect, wholly owned subsidiary of Progressive, under which Progressive will acquire all of the outstanding Class A shares (“Class A Shares”) and Class B shares of Protective’s common stock for $23.30 per share in cash, for a total transaction value of approximately $338 million. Approximately 97% of the Class A Shares that ... |
SHAREHOLDER ALERT: Halper Sadeh LLP Investigates MFNC, ATH, PTVCA, STAY; Shareholders are Encouraged to Contact the FirmNEW YORK, April 19, 2021 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Mackinac Financial Corporation (NASDAQ: MFNC) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Nicolet Bankshares, Inc. Under the terms of the merger agreement, Mackinac shareholders will receive 0.22 shares of Nicolet’s common stock and $4.64 for each share of Mackinac they own. If you are a Mackinac shareholder, click here to learn more about your rights and options. Athene Holding Ltd. (NYSE: ATH) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Apollo Global Management, Inc. Under the te... |
SHAREHOLDER ALERT: WeissLaw LLP Reminds ORBC, MDCA, PTVCA, and SLGG Shareholders About Its Ongoing InvestigationsIf you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: |
INVESTIGATION ALERT: Halper Sadeh LLP Investigates WIFI, WSFS, PTVCA, PBCT; Shareholders are Encouraged to Contact the FirmNEW YORK, April 05, 2021 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Boingo Wireless, Inc. (NASDAQ: WIFI) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to an affiliate of Digital Colony Management, LLC for $14.00 per share in cash. If you are a Boingo shareholder, click here to learn more about your rights and options. WSFS Financial Corporation (NASDAQ: WSFS) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its merger with Bryn Mawr Bank Corporation. Under the terms of the agreement, stockholders of Bryn Mawr will receive 0.90 of a share of WSFS common stock for each sh... |
Lifshitz Law Firm, P.C. Announces Investigation of AEGN, MIK, PTVCA and TPCONEW YORK, NY / ACCESSWIRE / April 4, 2021 /Aegion Corporation (NASDAQ:AEGN)Lifshitz Law Firm, P. announces investigation into possible breach of fiduciary duties in connection with the sale of AEGN to affiliates of New Mountain Capital, L. |
SHAREHOLDER ALERT: WeissLaw LLP Reminds MDCA, FFG, PTVCA, and CBLI Shareholders About Its Ongoing InvestigationsIf you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: |
Halper Sadeh LLP Investigates HWCC, MX, PFBI, HGV, PTVCA, MIK; Shareholders are Encouraged to Contact the FirmHalper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: |