Why State Auto Shares Are Trading Higher Today

State Auto Financial Corp STFC shares are trading higher by 189% at $50 Monday morning after Liberty Mutual announced it will acquire the company for $52 per share.

State Auto Financial is a property and casualty insurance holding company. The company is engaged in writing personal, business and specialty insurance.

State Auto Financial markets its insurance products through the United States. The personal insurance segment includes personal auto and homeowners. The commercial insurance segment includes commercial auto, small commercial package, middle-market commercial, workers' compensation and farm and ranch.

State Auto Financial has a 52-week high of $50.24 and a 52-week low of $12.07.

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