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TIPT - Tiptree: Fortegra Deal From Warburg Closed
June, 22 2022 12:52 AM
Tiptree Inc.
Warburg investment in Fortegra is closed. Company now has net cash. Additionally, the company sold the other two dry bulk ships for 47% gain versus book value. Company now trading at close to 60% discount to sum of the parts. For further details see:
Tiptree: Fortegra Deal From Warburg Closed
Stock Information
Company Name:
Tiptree Inc.
Stock Symbol:
TIPT
Market:
NASDAQ
Website:
tiptreeinc.com
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