Southfield, Mich.-based Meadowbrook Insurance Group holding company and ProCentury Corp. said yesterday that stockholders of both insurers have approved ProCentury's $273 million acquisition by Meadowbrook.
Last Thursday Meadowbrook announced it had finally received commitments for its proposed $100 million financing arrangements for the deal. In June the company said it was still $15 million below that target figure.
Both firms are specialty property and casualty operations. ProCentury is based in Columbus, Ohio.
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