For more information visit website: www.AffordableLegalHelp2012.com Pre-Paid Legal Services sold for 0M By M. Scott Carter M. Scott Carter is OKC and Capitol reporter for The Journal Record. Contact 405-278-2838 / scott.carter@journalrecord.com / twitter.com Posted: 09:09 AM Monday, January 31, 2011 ADA -- Pre-Paid Legal Services, which is traded on the New York Stock Exchange under the symbol PPD, said Monday that it had agreed to be bought for about 0 million by MidOcean Partners, a private equity firm from New York. Pre-Paid said MidOcean is purchasing all the outstanding shares of Pre-Paid for .50 per share. "We were drawn to Pre-Paid because of the company's strong and unique value proposition to its members, associates and provider network," said Frank Schiff, a managing director at MidOcean Partners. Pre-Paid officials said they were excited by the purchase. "We are excited to have MidOcean involved in our efforts to increase the awareness of our consumer and small business services. Our entire team is excited about the future prospects of our company and continues to believe, as does MidOcean, that our products offer tremendous value," said Harland Stonecipher, Pre-Paid's founder. In a media release announcing the sale, Pre-Paid said it had entered into a definitive merger agreement Monday with MidOcean PPL Holdings Corp. and PPL Acquisition Corp., both newly created entities formed by MidOcean Partners. That agreement allows MidOcean to purchase all the ...
Keywords: legalshield, Legal shield, prepaid legal opportunity, freedom, rights, gene leider, prepaid legal, personal injury, law firm, illegal, legal rights, power of attorney, make money online, lawyer fees, attorney fees, earn income from home, Pre-paid Legal Service, Police, Cops, Marketing, Court, Crime, Cash, Network, Youtube, Judge, Criminal, Business, Officer, Educational, Justice, Arrested, Security, lovejesus, life
No comments:
Post a Comment