Conifer Holdings shares are trading higher after the company announced that it completed the sale of its insurance agency operations for a $45 million consideration. The company appointed Brian Roney As CEO.
Portfolio Pulse from Benzinga Newsdesk
Conifer Holdings shares rose following the sale of its insurance agency operations for $45 million and the appointment of Brian Roney as CEO.
September 03, 2024 | 1:54 pm
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Conifer Holdings' stock price increased after the company sold its insurance agency operations for $45 million and appointed Brian Roney as the new CEO.
The sale of the insurance agency operations for $45 million is a significant financial move, likely improving the company's balance sheet. The appointment of a new CEO, Brian Roney, could bring fresh leadership and strategic direction, positively impacting investor sentiment.
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