NEW YORK--(BUSINESS WIRE)--Bragar Eagel & Squire, P.C. is investigating potential claims on behalf of Infinity Property and Casualty Corporation (NASDAQ: IPCC) stockholders concerning the proposed acquisition of the company by Kemper Corporation (NYSE: KMPR).
Our investigation concerns whether Infinity’s board of directors failed to adequately shop the company and obtain the best possible value for its stockholders before entering into a definitive merger agreement with Kemper. Under the terms of the agreement, Infinity stockholders will receive will receive $51.60 in cash and 1.2019 Kemper common shares for each share of Infinity common stock. The agreement also contains an election procedure allowing each Infinity stockholder to seek all cash or all stock, subject to proration and adjustment.
If you own Infinity shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at email@example.com, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information concerning our investigation of Infinity Property and Casualty Corporation, please go to http://www.bespc.com/infinity. For additional information about Bragar Eagel & Squire, P.C., please go to www.bespc.com.