Mergers & Acquisitions | | Deal Overview | | Buyer: Unitrin, Inc. | | Actual Acquirer: Unitrin, Inc. | | Target: Primesco, Inc. | | Deal Type: Insurance Company | | Insurance Sector | Life & Health | | Announcement Date | 11/12/2007
 | | Announced Deal Value ($M) | 96.0
| | Announced Deal Value, As Reported ($M) | 96.0 | | Status | Completed | | Announced Deal Value Per Share ($) | NA | | Completion Date | 4/1/2008 |
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| | | Consideration Breakout | | Cash ($M) | 95.3 |
| | | Deal Pricing Ratios | | | Announcement | Completion | | Price / Earnings (x) | NA | NA | | Price / Book (%) | NA | NA | | Price / Statutory Net Income (x) | NA | NA | | Price / Capital & Surplus (%) | NA | NA | | Price / Net Premiums Written (x) | NA | NA |
| | | Deal Terms | | Description of Consideration | | Unitrin Inc. paid approximately $95.6 million in cash, subject to closing adjustments, to acquire Primesco Inc. | | Percent Acquired (%) | 100.00 | | Purchase Method? | Purchase | | Merger of Equals? | No | | Estimated Cost Savings (%) | NA | | Estimated Cost Savings ($000) | NA | | Est. Restructuring Charges ($000) | NA |
| | | Deal Advisers - Financial Advisers | | Party Advised | Adviser Hired? | Firm Name | | Buyer | No | NA | | Seller | Yes | Raymond James & Assoc. Inc. |
| Deal Advisers - Legal Counsel | | Party Advised | Adviser Hired? | Firm Name | | Buyer | No | NA | | Seller | Yes | Bradley Arant Boult Cummings |
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