This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

National Interstate Corporation's Board Of Directors Continues To Review Great American Insurance Company's Tender Offer

Stocks in this article: NATL

RICHFIELD, Ohio, Feb. 18, 2014 (GLOBE NEWSWIRE) -- National Interstate Corporation (Nasdaq:NATL) (the "Company") acknowledges the announcement on February 18, 2014 by American Financial Group, Inc. ("AFG") (NYSE/Nasdaq: AFG) whereby its wholly-owned subsidiary, Great American Insurance Company ("GAIC"), increased the price of its tender offer to acquire all of the outstanding shares of common stock, other than shares owned by GAIC, to a purchase price of $30.00 per share in cash without interest.

The Company's board of directors intends to advise shareholders of its position regarding GAIC's offer on February 19, 2014 by filing a Solicitation/Recommendation Statement on Schedule 14D-9 with the Securities and Exchange Commission ("SEC").

Important Information

This communication does not constitute an offer to buy or the solicitation of an offer to sell any securities. Investors and shareholders are urged to read the Company's Solicitation/Recommendation Statement when it becomes available, as it will contain important information related to the GAIC tender offer. Investors and shareholders may obtain a free copy of the Solicitation/Recommendation Statement (when available), as well as any other public filings made from time to time by the Company and in connection with GAIC's tender offer, free of charge, at the SEC's website at www.sec.gov and from the Company at the contact information listed below.

About National Interstate Corporation

National Interstate Corporation (Nasdaq:NATL), founded in 1989, is the holding company for a specialty property-casualty insurance group. Headquartered in Richfield, Ohio, National Interstate is an independently operated subsidiary of Great American Insurance Company, a property-casualty subsidiary of American Financial Group, Inc. (NYSE:AFG) (Nasdaq:AFG).

CONTACT: Gary Monda
         National Interstate Corporation
         877-837-0339
         investorrelations@natl.com
         www.natl.com

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,098.15 +67.94 0.38%
S&P 500 2,089.11 +7.23 0.35%
NASDAQ 4,793.2090 +19.7370 0.41%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs