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Mergers & Acquisitions

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Deal Overview

Buyer:
United Insurance Holdings Corp.
Actual Acquirer:
United Property & Casualty Insurance Company
Target:
Sunshine State Insurance Company
Deal Type:
Insurance Company
Insurance Sector
Property & Casualty
Agreement Date:
5/15/2014
Announcement Date:
5/15/2014
Announced Deal Value ($ M):
NA
Announced Deal Value, As Reported ($ M)
NA
Status:
Terminated
Announced Deal Value Per Share ($ )
NA
Completion Date:
5/28/2014

Deal Terms
Description of Consideration

The terms of the deal were not disclosed.

Percent Acquired (%) 100.00
Accounting Method Acquisition
Merger of Equals? No
Estimated Cost Savings (%) NA
Estimated Cost Savings ($ 000) NA
Est. Restructuring Charges ($ 000) NA
Deal Advisers
Financial Advisers
Party Advised Adviser Hired? Firm Name
Buyer Yes Raymond James & Assoc. Inc.
Legal Counsel
Party Advised Adviser Hired? Firm Name
Buyer NA NA
Seller NA NA