Boston Omaha completes $84.3 million sale of its surety-insurance business
Boston Omaha ($BOC) completed the sale of General Indemnity Group to CopperPoint Insurance in an all-cash transaction with a gross price of approximately $84.3 million. Boston Omaha received $75.3 million in net proceeds at closing. The disposal transfers the entire surety-insurance business, including United Casualty and Surety Insurance and BOSS Bonds. Boston Omaha retained approximately 2.67 million Sky Harbour ($SKYH) Class A shares and a final cash distribution of about $326,000 outside the
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