DriverShield Corp. of Ronkonkoma, N.Y. and eAutoclaims.com Inc. announced the termination of merger discussions in which eAutoclaims would have become a wholly owned subsidiary of DriverShield.
Barry Siegel, Chief Executive Officer of DriverShield and Eric Seidel, Chief Executive Officer of eAutoclaims stated, “After conducting due diligence for the past several weeks, we have decided that it would be best for each company to pursue its own separate strategy.”
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
First Half US P/C Industry Underwriting Gain Jumps to $31.7B 
As AI Agents Go Rogue, Cyber Insurers Are Adapting Their Policies 
Florida Citizens Awards Commercial Clearinghouse Management to Bridge Specialty 
Willis Towers Watson Accuses Lockton of ‘Smash and Grab’ of Construction Team 
