David S. Wallens
David S. Wallens Editorial Director
8/10/22 3:24 p.m.
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Hagerty, the automotive insurance/lifestyle brand, today announced “that it has entered into a definitive agreement to acquire all outstanding shares of Broad Arrow Group, which specializes in the transactional segments of the collector car market.”

Earlier this year, the release states, Hagerty had already purchased approximately 40% equity ownership in Broad Arrow Group.

More from the release: “Hagerty is now …

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CrustyRedXpress (Forum Supporter)
CrustyRedXpress (Forum Supporter) New Reader
8/10/22 4:04 p.m.

Hum. Hagerty remains on a tear. Interesting that they used their own stock to buy BA. Also appears to be a different sort of acquisition than the events/shows they have been purchasing. 

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