The latest announcement is out from ICC Holdings (ICCH).
On June 8, 2024, ICC Holdings, Inc. announced a merger with Mutual Capital Holdings, Inc., where ICC will become a fully owned subsidiary of Mutual Capital. Shareholders of ICC Holdings will receive $23.50 in cash for each common stock share, and the deal includes provisions for the vesting and cash conversion of restricted share units and employee stock ownership plans. The merger, subject to shareholder and regulatory approvals, is accompanied by amendments to key executive agreements and is expected to close by December 7, 2024, unless extended or terminated under certain conditions.
Learn more about ICCH stock on TipRanks’ Stock Analysis page.
