Allstate Corp (NYSE:ALL)
$ 172.71 1.25 (0.73%) Market Cap: 45.58 Bil Enterprise Value: 54.67 Bil PE Ratio: 38.13 PB Ratio: 2.74 GF Score: 79/100

Allstate Corp to Acquire National General Holdings Corp - M&A Call Transcript

Jul 08, 2020 / 12:30PM GMT
Release Date Price: $88.22 (-4.78%)
Operator

Ladies and gentlemen, thank you for standing by and welcome to the Allstate's acquisition of National Holdings Corporation. (Operator Instructions)

I'd now like to introduce your host for today's program, Mr. Mark Nogal. Please go ahead, sir.

Mark Nogal
The Allstate Corporation - Head of IR

Thank you, Jonathan. Yesterday, following the close of the market, we issued a press announcing Allstate's pending acquisition of National General Holdings Corporation. After prepared remarks by our Chair, President and CEO, Tom Wilson; our Chief Financial Officer, Mario Rizzo; and President of Personal Property Liability, Glenn Shapiro, we'll have a question-and-answer session. The call will last 30 minutes so we are finished before the market opens. We will not be covering current operating results, so please hold those questions for the second quarter earnings call. We have posted a slide presentation for use in today's discussion that can be found on our website at allstateinvestors.com.

As noted on the first slide, our discussion today may contain

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