10:58 AM EST, 11/10/2025 (MT Newswires) -- Tiptree ( TIPT ) shareholder Veradace Partners opposes the proposed sale of Tiptree's ( TIPT ) US specialty insurer Fortegra Group to DB Insurance.

The transaction, at "an inadequate valuation," is structured to benefit Tiptree ( TIPT ) management at the expense of shareholders, Veradace said Monday in a letter to investors.

Veradace, which owns 5% of Tiptree's ( TIPT ) common stock, urged the board to revise the deal terms and deliver $28.75 a share directly to investors for the sale of Fortegra.

Tiptree ( TIPT ) did not immediately respond to a request for comment from MT Newswires.

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