EMC Insurance Group Inc. (EMCI), the downstream insurance holding company established by Employers Mutual Casualty Company (EMCC) in 1974, is no longer publicly-traded on the Nasdaq Stock Market. In September 2019, EMCC announced that it had successfully completed its acquisition of all remaining shares of EMC Insurance Group Inc. that EMCC did not already own for $36.00 per share in cash.
EMCC News Releases:
- May 9, 2019—Employers Mutual Casualty Company to Acquire All Remaining Shares of EMC Insurance Group Inc. for $36 Per Share in Cash
- Sept. 19, 2019—EMCI Transaction Closes