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Exclusive-U.S. insurer American National Group up for sale -sources

(Adds share price reaction, updates market value)
May 11 (Reuters) - U.S. insurer American National Group Inc is exploring options that could include a sale of the company, people familiar with the matter told Reuters on Tuesday.
The news sent shares of American National spiking to their highest level in more than two years, closing 16.1% higher at $142.28 to give the insurer a market value in excess of $3.8 billion.
Started in 1905 by William Lewis Moody Jr., American National is still majority-owned by the founder’s family, which controls the company through a range of trusts and holdings.
An investment bank has been hired to run an auction for American National, with prospective buyers recently contacted to gauge their interest in a deal, the sources said. ....

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Exclusive: U.S. insurer American National Group up for sale -sources

3 Min Read
(Reuters) -U.S. insurer American National Group Inc is exploring options that could include a sale of the company, people familiar with the matter told Reuters on Tuesday.
The news sent shares of American National spiking to their highest level in more than two years, closing 16.1% higher at $142.28 to give the insurer a market value in excess of $3.8 billion.
Started in 1905 by William Lewis Moody Jr., American National is still majority-owned by the founder’s family, which controls the company through a range of trusts and holdings.
An investment bank has been hired to run an auction for American National, with prospective buyers recently contacted to gauge their interest in a deal, the sources said. ....

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Infrastructure and Energy Alternatives, Inc. Announces the Appointment of Theodore H. Bunting to Board of Directors

Infrastructure and Energy Alternatives, Inc. Announces the Appointment of Theodore H. Bunting to Board of Directors
padovanews.it - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from padovanews.it Daily Mail and Mail on Sunday newspapers.

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Becker College holds final commencement ceremony at DCU Center

For Becker College class of 2020 and 2021 students who had their graduation ceremony Saturday, the event was both celebratory and bittersweet. ....

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The new wave of business cyber attacks

Employees at F.W. Madigan, a Worcester construction contractor, regularly receive suspicious emails from their superiors.
The problem is, the emails aren’t really from their bosses, and the messages are scams – attempts at tricking an employee into wiring money to someone, giving tax information or buying gift cards on their behalf.
“I’ve had a bunch of them,” said Dennis Serocki, F.W. Madigan’s controller, who handles much of the small company’s information technology matters. “Email – it’s very, very dangerous.”
F.W. Madigan is not alone.
Image
PHOTO/GRANT WELKER
Dennis Serocki at Worcester construction firm F.W. Madigan regularly reminds employees to be careful with web security. ....

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