Safety Insurance Group Enters Into Merger Agreement With Mapfre For $1.54 Billion - SAFT News | RalliesSafety Insurance Group Enters Into Merger Agreement With Mapfre For $1.54 Billion
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SAFT• Merger agreement and terms
- Safety Insurance Group, Inc. enters into merger agreement with Mapfre for $1.54 billion.
- Safety Insurance Group shareholders are to receive $105 per share in cash, a 44% premium.
- Safety Insurance Group is to become a wholly-owned subsidiary of Mapfre U.S.A. Corp.
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