Search Results

The layoffs included Metromile's CFO and design, engineering and product team employees, including the senior executives.

Metromile shareholders received 7.3 million shares of Lemonade, valued at roughly $145 million, as part of the transaction.

The insurtech is proposing a ratio in the range of 1-for-20 to 1-for-30.

Of the 343 announced deals in the first half of 2022, 91% were brokerage target companies.

Evidence suggests that most public M&A participants do not utilize representations and warranties insurance when dealmaking.

Declines in the most recent quarter might be driven by an abundance of activity as 2021 closed.

Alleghany has a 25-day window to actively solicit and consider alternative proposals, per terms of the merger agreement.