SA News • May. 24, 2011
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May. 24, 2011, 2:24 PMFPIC Insurance (FPIC +28.8%) shares soar after the company agrees to be acquired by The Doctors Co. for $362M. The deal will add 18,000 customers to The Doctors, one of the largest insurers of physician and surgeon medical professional liability. The $42/share offer represents a 31% premium to FPIC's Monday closing price. (PR) | Comment!
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