Reliance Global Group Announces Purchase Agreement With Scali Insurance Group Effective September 1 To Sell 100% Of Southwestern Montana Insurance Center Membership Interests And Assets For $2.63M Cash, Plus Contingent Consideration
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Why It Matters
Reliance Global Group is selling a part of its insurance business in Montana for $2.63 million in cash. When companies sell pieces of their business, watch to see if they use the money to pay off debt, buy something better, or strengthen what's left.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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