The transaction, which is expected to close in the second half of 2019, has an equity value of approximately $356 million based solely upon the outstanding shares of EMCI
not owned by EMCC, the companies said.
Although this proposed "going private" transaction does not represent a "change in control" of EMCI
, the proposed USD 30 per share transaction price represents a 26% premium over EMCI
's closing stock price on November 14, 2018 and almost a 13% premium to EMCI
's book value per share.
The classification between AD, MCI at its two levels (EMCI
and LMCI), and NC using PET imaging is a topic that has been studied by previous groups.
With the growth of cycling and the evolution towards alternative power sources, the Motor Cycle Industry Association (MCI) is establishing the eMCI
to represent those who want to accelerate the adoption of electric PTW (ePTW) in the U.K.
According to Heather Santa Maria, director of EMCI
, "In today's marketplace, an engineer wears many hats.
It will be especially useful to professionals attempting the Engineering Management Certificate International (EMCI
) offered by the American Society of Mechanical Engineers (ASME).
) have entered into a mutual agreement under which EMCC will acquire all the remaining shares of EMCI
that it does not currently own for $36.00 per share in a cash transaction.
Employers Mutual Casualty Company and EMC Insurance Group announced that, following an extensive and thorough negotiation process conducted by an independent Special Committee of the EMCI
Board of Directors, they have entered into a definitive merger agreement pursuant to which EMCC, which currently owns approximately 55% of EMCI
's outstanding shares, will acquire all of the remaining shares of EMCI
for $36.00 per share in cash.
Their currencies have all outperformed the JP Morgan EM Currency Index (EMCI
), which tracks the movements of ten major EM currencies against the dollar.
Because of the multidisciplinary nature of engineering management, EMCI
is designed to be a globally recognized, rigorous, examination-based certification program developed by ASME in cooperation with other major engineering societies.
The company's common stock trades on the Nasdaq Stock Market under the symbol EMCI
. The companies and affiliates conduct operations under the trade name EMC Insurance Companies.
Employers Mutual Casualty Company announced that it has proposed to acquire all of the outstanding shares of common stock of EMC Insurance Group that EMCC does not already own for $30 per share in cash, which represents a 26% premium over EMCI
's closing stock price on Nov.