Pennsylvania Approves PMA Acquisition
Pennsylvania insurance regulators have given their OK to a planned acquisition of PMA Capital Cos. by Old Republic International Corp.
Pennsylvania is the statutory regulator for PMA, which is based in Blue Bell.
Chicago-based Old Republic expects to file its pending registration statement with the Securities and Exchange Commission. PMA has scheduled a shareholders special meeting date of September 21, 2010 for approval of the merger.
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Source: Old Republic International
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