secwatch.observer — SEC 8-K summary
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Issuer:     PROASSURANCE CORP (PRA)
CIK:        0001127703
Form:       8-K
Filed at:   2025-03-20T23:59:59+00:00
Accession:  0001875246-25-000017
Event type: m_and_a
Sentiment:  positive
Materiality: 1.00
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1127703/000187524625000017/0001875246-25-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1127703/000187524625000017/pra-20250320.htm
  HTML page:      https://secwatch.observer/filing/0001875246-25-000017

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