GABC Dec 2024 45.000 call
- Simply Wall St.
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- Simply Wall St.
German American Bancorp Insiders Placed Bullish Bets Worth US$2.59m
Usually, when one insider buys stock, it might not be a monumental event. But when multiple insiders are buying like...
- GlobeNewswire
German American Bancorp, Inc. announces the sale of the assets of German American Insurance, Inc. to Hilb Group
JASPER, Ind., June 03, 2024 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (Nasdaq: GABC) today announced and closed the sale of the assets of its wholly-owned subsidiary German American Insurance (GAI) to Hilb Group, an industry-leading insurance broker. The all-cash transaction is for $40 million, and creates a significant after-tax gain, net of transaction costs, of approximately $27 million. The purchase price represents approximately four times 2023 GAI revenues and approximately 24 time
