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BRIEF-Doma Enters Into Agreement To Go Private At $6.29 Per Share In Cash, Plans To Merge With TRG
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BRIEF-Doma Enters Into Agreement To Go Private At $6.29 Per Share In Cash, Plans To Merge With TRG
Mar 28, 2024 4:16 PM

March 28 (Reuters) - Doma Holdings Inc ( DOMA ):

* DOMA ENTERS INTO AGREEMENT TO GO PRIVATE AT PRICE OF $6.29

PER

SHARE IN CASH; PLANS TO MERGE WITH AN INDUSTRY LEADER TRG TO

CREATE ATTRACTIVE SCALE OPPORTUNITIES

* DOMA HOLDINGS ( DOMA ) - DOMA HOLDINGS, INC. ( DOMA ) ANNOUNCED THAT IT HAS

ENTERED INTO A DEFINITIVE AGREEMENT AND PLAN OF MERGER WITH

TITLE RESOURCES GROUP

* : DOMA'S ( DOMA ) UNDERWRITING DIVISION, DOMA TITLE INSURANCE

EXPECTED

TO BE RENAMED DOMA TECHNOLOGY

* TRANSACTION IS NOT SUBJECT TO A FINANCING CONDITION

* DOMA HOLDINGS ( DOMA ) : DOMA TECHCO WOULD CONTINUE TO HAVE ACCESS

TO

UNDERWRITING SERVICES AND CONTINUED TECHNOLOGY DEPLOYMENT FOR

DOMA TITLE INSURANCE, INC

* UPON CLOSING OF TRANSACTION, DOMA WILL NO LONGER BE TRADED

OR

LISTED ON ANY PUBLIC SECURITIES EXCHANGE.

* DOMA HOLDINGS ( DOMA ) - CO MAY SOLICIT ALTERNATIVE ACQUISITION

PROPOSALS

FROM THIRD PARTIES DURING A 50-DAY "GO-SHOP" PERIOD FOLLOWING

DATE OF EXECUTION OF DEAL

Source text for Eikon:

Further company coverage:

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