Brief: Doma Enters Into Agreement To Go Private At $6.29 Per Share In Cash, Plans To Merge With TRG

Doma Holdings

28/03/2024 22:51

March 28 (Reuters) - Doma Holdings Inc  DOMA.N :
    * DOMA ENTERS INTO AGREEMENT TO GO PRIVATE AT PRICE OF $6.29
PER
SHARE IN CASH; PLANS TO MERGE WITH AN INDUSTRY LEADER TRG TO
CREATE ATTRACTIVE SCALE OPPORTUNITIES
    * DOMA HOLDINGS - DOMA HOLDINGS, INC. ANNOUNCED THAT IT HAS
ENTERED INTO A DEFINITIVE AGREEMENT AND PLAN OF MERGER WITH
TITLE RESOURCES GROUP
    * :  DOMA'S UNDERWRITING DIVISION, DOMA TITLE INSURANCE
EXPECTED
TO BE RENAMED DOMA TECHNOLOGY
    * TRANSACTION IS NOT SUBJECT TO A FINANCING CONDITION
    * DOMA HOLDINGS : DOMA TECHCO WOULD CONTINUE TO HAVE ACCESS
TO
UNDERWRITING SERVICES AND CONTINUED TECHNOLOGY DEPLOYMENT FOR
DOMA TITLE INSURANCE, INC
    * UPON CLOSING OF TRANSACTION, DOMA WILL NO LONGER BE TRADED
OR
LISTED ON ANY PUBLIC SECURITIES EXCHANGE.
    * DOMA HOLDINGS - CO MAY SOLICIT ALTERNATIVE ACQUISITION
PROPOSALS
FROM THIRD PARTIES DURING A 50-DAY "GO-SHOP" PERIOD FOLLOWING
DATE OF EXECUTION OF DEAL

Source text for Eikon:  ID:nBwbgymDJa 
Further company coverage:  DOMA.N 

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