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Article: Frontier Insurance Group, Inc. Acquires Lyndon Property Insurance Company
- Article from:
- PR Newswire
- Article date:
- June 3, 1997
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Copyright informationCOPYRIGHT 1997 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ROCK HILL, N.Y., June 3 /PRNewswire/ -- Frontier Insurance Group, Inc. (NYSE: FTR) (Frontier) announced today the completion of the acquisition of Lyndon Property Insurance Company (Lyndon) and its six subsidiaries from Mercury Finance Company for $92 million.
Excelling in the financial and specialty niche markets, Lyndon provides insurance programs for credit-related insurance, residual value, extended service contracts, and collateral protection coverages. Lyndon's operations will remain headquartered in St. Louis under the direction of Roland Anderson, CEO.
Frontier ...
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