In terms of significant events remaining, it appears gaining regulatory approval remains the lone major factor that could upend the deal, and even this risk seems relatively diminutive this far along in the process. Check yet another significant obstacle off the list. LinkedIn shareholders already voted in an overwhelming majority to accept the deal in August, so gaining the necessary approval from investors - a major potential hurdle - is no longer a factor. This far along in the process, few major obstacles exist that could sink Microsoft's LinkedIn buyout.
Linkedin stock quotes update#
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We are very confident that this partnership will help to further strengthen Smithwick & Mariners’ product offering and level of service to both our marine and non-marine related customers.”īrown & Brown, Inc. Scott Smithwick stated, “The Smithwick & Mariners team is excited to be partnering with a firm like Brown & Brown who shares the same level of commitment to its customers, carriers and employees that we have for the past 35 years. We are confident we share the same culture of customer-first solutions and are excited to welcome them to the Brown & Brown team.” Scott, Chris and their dedicated team have a long and mutually successful relationship with their carriers, allowing them to deliver best-in-class insurance solutions to their customers. Scott and Chris will continue to lead the team and will report to Don McGowan, a regional president in Brown & Brown’s Retail segment.ĭon McGowan stated, “The Smithwick & Mariners companies are recognized in Maine and throughout New England for their experience and industry knowledge in the commercial fishing, marine and personal yacht space.
Following the acquisition, the Smithwick & Mariners team will continue doing business from their existing offices in Maine, Massachusetts and New Hampshire and will operate within Brown & Brown’s Retail segment. The Smithwick & Mariners companies are led by Scott Smithwick and Chris Smithwick. Originally founded in 1987 to service the marine industry (marinas, yacht clubs, boat builders, fishing vessels, tug operations and yachts), Smithwick & Mariners has evolved its capabilities to provide innovative risk solutions to business owners and individuals throughout Maine and greater New England. (NYSE:BRO), and Scott Smithwick and Chris Smithwick, today announced that Brown & Brown of Massachusetts, Inc., a subsidiary of Brown & Brown, Inc., has acquired substantially all of the assets of Smithwick & Mariners Insurance, MidCoast Insurance and Chapman & Chapman Insurance (collectively, Smithwick & Mariners). Scott Penny, chief acquisitions officer of Brown & Brown, Inc. Click to read the official press release on ĭAYTONA BEACH, Fla., Sept.
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