The Doctors Company to buy medical insurer ProAssurance for about $1.3 billion
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The Doctors Company is set to acquire ProAssurance, a medical insurer, for approximately $1.3 billion.
March 19, 2025 | 9:00 pm
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ProAssurance is being acquired by The Doctors Company for $1.3 billion, which could lead to a short-term increase in PRA's stock price due to the acquisition premium.
Acquisitions typically lead to a rise in the target company's stock price due to the premium paid over the market price. The $1.3 billion acquisition of ProAssurance by The Doctors Company is likely to have a positive impact on PRA's stock in the short term.
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