ProAssurance to be acquired by The Doctors Company for $25.00 per share in cash

PROASSURANCE CORP

Merger consideration of $25.00 cash per share; value to be paid to stockholders (excluding certain shares).
Termination fee of $52.6 million payable by either party under specified conditions.
Closing expected by September 19, 2026, subject to stockholder adoption, regulatory approvals, and other customary conditions.
ProAssurance will become a wholly owned subsidiary of The Doctors Company; RSUs, performance shares, and deferred comp also converted to cash at $25.00/share.

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