Tiptree shareholder Veradace opposes $1.65bn Fortegra-DB deal
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Tiptree shareholder Veradace opposes $1.65bn Fortegra-DB deal

Veradace claims the deal benefits Tiptree management at shareholder expense.

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Tiptree investor Veradace Partners has opposed the firm’s sale of specialty and warranty insurer Fortegra to DB Insurance, urging other shareholders to vote against the deal at the firm's special meeting of stockholders on December 3.

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