ProAssurance Corporation PRA today announced the completion of its previously announced acquisition of American Physicians Service Group, Inc. AMPH.
APS shareholders overwhelmingly approved the transaction at a special meeting on November 29, 2010.
Under the terms of the merger, each share of APS stock will be redeemed for $32.50 in cash. Shareholders whose stock is held by a broker or in direct registration will be paid automatically.
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