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Reliance Global Group signs LoI for Fortman Insurance sale
finance.yahoo.com/news/reliance-global-group-signs-loi-095642451.html
Reliance Global Group, an AI-powered insurtech company, has signed a non-binding letter of intent (LOI) to divest Fortman Insurance Agency, its fully owned unit.
The proposed sale price is $5m in cash, which indicates a “meaningful premium” over the original acquisition cost.
This LoI…
This story appeared on finance.yahoo.com, 2025-06-18 09:56:42.