Shareholder activist Gregory Shepard is offering to buy Pennsylvania-based Donegal Group Inc. and its subsidiaries.The Pennsylvania Department of Insurance issued a bulletin April 13 advising anyone wishing to comment specifically on Shepard's offer to acquire Donegal's subsidiary, casualty insurer Atlantic States Insurance Co., to submit a written statement to the department within 60 days.Shepard, Donegal's largest individual shareholder, has been pushing for Donegal Group to merge or sell itself to another insurer. Last month, he filed a tender offer to acquire 962,636 shares of...
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