AmCOMP shareholders approve merger with Employers Holdings

By Lisa Kerner

Charlotte, N.C., Oct. 29 - Employers Holdings, Inc.'s acquisition of AmCOMP Inc. is expected to close on Friday.

AmCOMP shareholders approved the merger on Wednesday.

It was previously reported that AmCOMP shareholders will receive $12.15 per share under the companies' revised merger agreement. The original offer made in January 2008 was $12.50 per share.

Employers Holdings is a Reno, Nev.-based provider of worker compensation insurance to U.S. small businesses.

AmCOMP is a North Palm Beach, Fla., property and casualty insurer.

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