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home / articles / ICCH - Why Insurance Company ICC Holdings Shares Are Jumping Today | Benzinga

ICCH - Why Insurance Company ICC Holdings Shares Are Jumping Today | Benzinga

ICC Holdings Inc.

ICC Holdings, Inc. (NASDAQ:ICCH) shares are jumping today after the company inked a definitive deal to be acquired by Mutual Capital Group, Inc. for a total equity value of around $73.8 million. 

As per the terms, MCG will acquire all outstanding ICCH shares for $23.50 in cash, representing a multiple of 1.07 times ICCH’s book value as of March-end.

The price ...

Full story available on Benzinga.com
Stock Information
Company Name: ICC Holdings Inc.
Stock Symbol: ICCH
Market: NASDAQ
Website: ir.iccholdingsinc.com
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