Pharma Investments, Ventures & Law Weekly
Welcome to NewsRx!
Learn more about a six-week, no-risk free trial of Pharma Investments, Ventures & Law Weekly
We're a pay-per-view site for premium content. If you'd like to purchase this article, it's only $3.00.
Inter-Atlantic Financial, Inc.
Patriot Risk Management, Inc. and Inter-Atlantic Financial, Inc. Announce Definitive Agreement
May 17th, 2009
Patriot Risk Management, Inc. (“PRMI” or “Patriot”), a leader in specialty workers’ compensation risk management services, and Inter-Atlantic Financial, Inc. (“IAN” or “Inter-Atlantic”) (NYSE Amex: IAN), a Special Purpose Acquisition Company, have signed a definitive acquisition agreement in an all-stock transaction. The transaction provides IAN investors with a unique opportunity to participate in a rapidly growing Business Process Outsourcing (”BPO”) firm specializing in workers’ compensation insurance and risk management. The transaction provides for IAN’s acquisition of 100% of the capital stock of PRMI. Under the terms of the agreement, the stockholders of PRMI...
Source: Pharma Investments, Ventures & Law Weekly (2009-05-17)
|
