Montgomery, Ala.-based Alfa Corp. is now a wholly owned subsidiary of the Mutual Group, comprised of Alfa Mutual Insurance Co. and Alfa Mutual Fire Insurance Co., according to a company announcement released Tuesday.
Alfa Corp. has requested that its common stock cease to trade on the NASDAQ Global Select Market effective at the close of business April 15 and subsequently expects to suspend its reporting obligations under the Securities and Exchange Act of 1934, as amended.
Alfa Corp. has appointed American Stock Transfer & Trust Co., to serve as the agent for payment of the merger consideration and anticipates that the paying agent will contact stockholders promptly with instructions on how to surrender their stock certificates and receive payment for the shares. If shares of Alfa Corp. stock are held by a broker, nominee, custodian or other fiduciary, Alfa Corp. anticipates that such broker, nominee, custodian or other fiduciary will contact stockholders directly with instructions on how to receive payment for the shares.
Source: Alfa Corp.
Topics Mergers & Acquisitions Alabama
Was this article valuable?
Here are more articles you may enjoy.
Commercial Lines Rates Continue to Soften, Says Ivans Index 
Rational Market? How About ‘Dumb’ and ‘Bizarre’? 
Travelers to Expand Homeowners Insurance Offering in California 
NYC Begins 10 Days of Flying Taxis With Manhattan-JFK Flights 
