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News Breaks
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March 8, 2010
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| 11:15 EDT |  | IHC, AMIC |
| theflyonthewall.com: | Independence Holding Co. acquires majority of American Independence shares | | Independence Holding Company (IHC) announced that it has acquired, via open-market transactions, additional shares of common stock of American Independence Corp.(AMIC). The acquisition brings IHC's aggregate holdings to over 50% of the total outstanding shares of AMIC. As a result of this transaction, American Independence Corp. is now a majority-owned subsidiary of Independence Holding Company and beginning with first-quarter results, IHC will consolidate AMIC in its reported financial results. :theflyonthewall.com |
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