RICHFIELD, Ohio, Feb. 19, 2014 (GLOBE NEWSWIRE) -- National Interstate Corporation (Nasdaq:NATL) (the "Company") today announced that it is filing a Schedule 14D-9 Solicitation/Recommendation Statement (the "Schedule 14D-9") with the Securities and Exchange Commission (the "SEC") in response to the unsolicited tender offer (the "Offer") commenced by Great American Insurance Company ("GAIC"), a wholly-owned subsidiary of American Financial Group, Inc. ("AFG") (NYSE:AFG) (Nasdaq:AFG), to acquire all of the outstanding shares of common stock of the Company, other than shares owned by GAIC, at a purchase price of $30.00 per share in cash without interest.
National Interstate Corporation's Board Adopts "Neutral" Recommendation Regarding Great American Insurance Company's Tender Offer
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