ProAssurance shareholders approve acquisition by The Doctors Company
By Mia MacGregor
June 25 - (The Insurer) - ProAssurance Corporation stockholders have overwhelmingly voted to approve its proposed acquisition by The Doctors Company.
More than 99% of shares, including abstentions, were in favour of the acquisition agreement, according to the company.
In March 2025, The Doctors Company agreed to acquire ProAssurancefor $25 per share in cash, valuing the New York-listed medical liability insurer at $1.3 billion.
The transaction is still subject to regulatory approvals and other customary closing conditions. The deal is expected to close in the first half of 2026.
Upon completion, ProAssurance’s common stock will no longer be listed on the New York Stock Exchange, and the company will become a wholly owned subsidiary of The Doctors Company.
“Bringing the strengths and capabilities of ProAssurance and The Doctors Company together will allow our teams to continue to serve today’s healthcare providers with the necessary scale and breadth of capabilities,” said Ned Rand, ProAssurance’s president and CEO.
Related Articles
Netflix After the Warner Deal: What Investors Should Know
TradingKey - For quite some time now, Netflix (NFLX) has been regarded as the premier subscription-based streaming service in the world, with a well-established history of growth through creative use of pricing power, developing hit programming, and relying very little on outside sources for licensi
Warsh’s Fed Era Signals a Death Knell for QE, Jolting the $30 Trillion Treasury Market
With Warsh’s nomination, his past proposals for governing the Federal Reserve are being brought to the forefront. A central issue is the formulation of a new "1951 Accord" to restructure the relationship between the Fed and the Treasury. Analysts suggest such a move could impact the $30 trillion Tre
Amazon Stock Predictions for 2026 to 2030: Will They Exceed Expectations and Achieve Major Long-Term Goals?
TradingKey - As we head into 2026, many investors are questioning where Amazon (AMZN) fits into the technology world.
A Crash After a Surge: Why Silver Lost 40% in a Week?
TradingKey - Spot silver (XAGUSD) prices continue to decline. Silver plunged 20% on Thursday, breaking below $71 per ounce, with the sell-off intensifying on Friday as prices fell further below $64. Compared to the all-time high set on January 29, silver prices have retraced more than 40%, wiping out nearly all gains accumulated over the previous month.
