Brief: Reliance Global To Acquire Medigap Health Insurance

Reliance Global

22/12/2021 11:49

Dec 22 (Reuters) - Reliance Global Group Inc  RELI.O :
    * RELIANCE GLOBAL GROUP ANNOUNCES DEFINITIVE AGREEMENT TO
ACQUIRE
MEDIGAP HEALTH INSURANCE COMPANY
    * RELIANCE GLOBAL GROUP INC - BELIEVE  TRANSACTION HAS
POTENTIAL
TO BE HIGHLY ACCRETIVE
    * RELIANCE GLOBAL GROUP INC - BELIEVE TRANSACTION HAS
POTENTIAL TO
BE HIGHLY ACCRETIVE
    * RELIANCE GLOBAL GROUP INC - TOTAL CONSIDERATION FOR
MEDIGAP IS
EXPECTED TO BE APPROXIMATELY $19.6 MILLION
    * RELIANCE GLOBAL GROUP INC -  TOTAL CONSIDERATION
CONSISTING OF
BOTH CASH AND RESTRICTED COMMON STOCK OF RELIANCE GLOBAL GROUP

Source text for Eikon:  ID:nGNX5D49Gt 
Further company coverage:  RELI.O 

 ((Reuters.Briefs@thomsonreuters.com;))