HCI CEO seeks acquisition targets after $257m FedNat deal fails

02-05-2018

HCI CEO seeks acquisition targets after $257m FedNat deal fails

iStock/ Kuzma

Homeowners' re/insurer HCI has proposed to acquire Federated National Holding Company (FedNat) for $257 million which was not accepted by the Federated National board and HCI CEO Paresh Patel is now looking for similar takeover targets.


HCI Group, Federated National Holding Company, FedNat, Merger, Acquisition, Paresh Patel, Insurance, Homeowners, North America

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