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Home / Top News / IHC Announces Agreement to Sell a Controlling Interest in Pet Division and the Stock of Independence American Insurance Company
IHC Announces Agreement to Sell a Controlling Interest in Pet Division and the Stock of Independence American Insurance Company
STAMFORD, Conn., May 17, 2021 (GLOBE NEWSWIRE) Independence Holding Company (NYSE: IHC) today reported its agreement to sell a controlling interest in its pet division and in the stock of Independence American Insurance Company (“Independence American”) to a subsidiary of Iguana Capital, Inc. (“Buyer”), an investment company specifically formed to facilitate this transaction. The transaction is structured as two agreements that are expected to close on different dates.