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Shares of Meadowbrook Insurance Group (MIG) are increasing after the California Department of Insurance approved the Fosun Int'l. acquisition of Meadowbrook's California subsidiaries.
Crack the champagne open. The markets have wrapped up for the year.
Oil prices dominate business news headlines again on the final trading day of the year.
Meadowbrook Insurance Group (MIG) stock is sharply up after the company said it agreed to be acquired by China's Fosun International for $433 million.
The $433 million deal for the Michigan insurance company is a first for the Chinese conglomerate.