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MDWT.US
id: 713, Created by Stan Vick, Scout

Midwest Holding Inc.(MDWT) M&A Case

On May 1, 2023, Midwest Holding Inc.(NASDAQ: MDWT) and Antarctica Capital, an international investment firm, announced that Antarctica will acquire Midwest in an all-cash transaction valued at approximately $100 million.

Under the terms of the agreement, $MDWT shareholders will receive $27.00 in cash per share.

Investors of Midwest may have reasons to suspect that the pricing terms of the M&A transaction are unfair and that the Company BoD breached fiduciary duties to shareholders.
Alleged Offence
Misleading Statements
Financial Misrepresentation
Failure to Disclose
Malpractice
Breach of Fiduciary duty
Omissions
Suspected Party
Directors
Management
Shareholder
Investment Bank
Service Provider
Security Type
Stocks
Trade Direction
Long
Shock Event Date
01 May 2023
Collecting participants…
Created by Stan Vick, Scout

Midwest Holding Inc

Midwest Holding Inc., a financial services company, engages in life and annuity insurance business in the United States. The company offers multi-year guaranteed and fixed indexed annuity products ...

    Ticker
    MDWT.US
    ISIN
    US59833J2069
    CIK
    355379
    Sector
    Financial Services
    Industry
    Insurance-Life
    Country
    USA
    Address
    2900 South 70th Street, Lincoln, NE, United States, 68506