secwatch.observer — SEC 8-K summary
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Issuer:     PROASSURANCE CORP (PRA)
CIK:        0001127703
Form:       8-K
Filed at:   2025-03-19T23:59:59+00:00
Accession:  0001875246-25-000012
Event type: m_and_a
Sentiment:  positive
Materiality: 0.90
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ProAssurance to be acquired by The Doctors Company for $25/share cash, ~$1.3B
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- Stockholders receive $25.00 per share in cash, a ~60% premium to March 18 close.
- Transaction valued at approximately $1.3 billion; combined assets ~$12 billion.
- ProAssurance board unanimously approved; expected close in first half of 2026.
- Closing subject to stockholder approval and regulatory approvals; no financing condition.
- Upon close, ProAssurance common stock will be delisted from NYSE.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1127703/000187524625000012/0001875246-25-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1127703/000187524625000012/pra-20250319.htm
  HTML page:      https://secwatch.observer/filing/0001875246-25-000012

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