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Last $0.78 USD
Change Today 0.00 / 0.00%
Volume 0.0
AFFM On Other Exchanges
As of 8:10 PM 07/1/15 All times are local (Market data is delayed by at least 15 minutes).

Transactions by AFFIRMATIVE INSURANCE HOLDIN (AFFM) in the last 6 months

Announced 06/12/15
85.00M for Affirmative Insurance Holdings, Inc., Managing General Agency Business

Confie Seguros Holding II Co. entered into a stock and asset purchase agreement to acquire managing general agency business from Affirmative Insurance Holdings Inc. (OTCPK:AFFM) for $85 million in cash on June 12, 2015. The deal constitutes purchase of the stock of a subsidiary and assets constituting the managing general agency business. Under the terms of agreement, Confie Seguros will pay $60 million in cash at closing, $15 million as deferred payment secured by a ...
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AFFM's price was unchanged after the transaction was announced on 06/12/15.
Investor / Buyer
Confie Seguros Holding II Co.
Creditor / Lender
Affirmative Insurance Holdings Inc.

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AFFM Competitors

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Company Last Change
EMC Insurance Group Inc $25.58 USD +0.43
First Acceptance Corp $3.20 USD -0.01
Horace Mann Educators Corp $37.02 USD +0.01
State Auto Financial Corp $25.26 USD +0.68
United Fire Group Inc $33.24 USD +0.13
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Valuation AFFM Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.1x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful

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