ACP Re Obtains Regulatory Approvals - Close Monday Morning at NAPEO!
Great news with more to follow... Looks like the Amtrust/ACP Re team is close to taking over Tower Group International...
http://www.marketwatch.com/story/acp-re-ltd-and-tower-group-international-ltd-announce-receipt-of-all-regulatory-approvals-2014-09-12"
HAMILTON, Bermuda, Sep 12, 2014 (BUSINESS WIRE) -- ACP Re, Ltd. (“ACP Re”) and Tower Group International, Ltd. TWGP, +7.73% (“Tower”) announced today that ACP Re has received all regulatory approvals required in connection with its previously announced acquisition of Tower. Each of ACP Re and Tower expects to close the merger on the morning of Monday, September 15, 2014."Thank you to the hard work done by the Amtrust/ACP Re team in making this happen. Also to the Tower staff that has been dealing with a very tough situation, but still focused on getting this deal to close.You have some very happy new clients starting Monday it would appear...We appreciate your support!
See you in Miami! What a year its been and what a future it will be for the PEO industry...
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