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Veradace Partners Issues Letter to Tiptree Shareholders Regarding the Proposed Sale of Fortegra to DB Insurance, Plans to Vote Against the Transaction, Calling It Unfair and Misaligned

Author: Benzinga Newsdesk | November 10, 2025 07:50am
  • Transaction Appears Designed to Enable Tiptree Management to Extract Value from Shareholders While Running a Blank Check Company
  • Intends to Vote AGAINST the Unfair Transaction, Which Is Structured to Benefit Tiptree Management at the Expense of Tiptree Shareholders
  • Urges the Tiptree Board of Directors to Restructure the Transaction and Deliver the $28.75 per Share Consideration Directly to Tiptree Shareholders, the True Owners of Fortegra

Posted In: TIPT


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