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Stock Market & Financial Investment News

News Breaks
February 6, 2013
16:37 EDTAIZAssurant reports Q4 net operating income p/s 7c consensus (38c)
News For AIZ From The Last 14 Days
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April 16, 2014
16:33 EDTAIZNovation Cos. sells StreetLinks to Assurant for $60M
Novation Companies (NOVC) subsidiary StreetLinks has been sold to Assurant (AIZ) for $60M in cash, plus a potential earn-out payment of up to $12M post-closing based on StreetLinks future performance. Novation owned approximately 88% of StreetLinks and receives a corresponding share of the sales proceeds. StreetLinks provides banks and mortgage lenders with full service appraisal management services and appraisal management software.
16:03 EDTAIZAssurant acquires StreetLinks from Novation Cos. for $60M cash
Assurant (AIZ) announces the acquisition of StreetLinks from Novation Companies (NOVC) and other shareholders. Assurant Specialty Property has acquired StreetLinks for approximately $60M in cash, plus a potential earnout payment based on future performance. Assurant expects the transaction to be accretive to earnings in 2015.
16:02 EDTAIZAssurant acquires StreetLinks from Novation Cos. for $60M cash

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