November 30, 2017 / 9:06 PM / 17 days ago

BRIEF-Heritage Acquires Narragansett Bay Insurance To Create Leading Super Regional Personal Lines Insurance Carrier

Nov 30 (Reuters) - Heritage Insurance Holdings Inc:

* HERITAGE ACQUIRES NARRAGANSETT BAY INSURANCE TO CREATE LEADING SUPER REGIONAL PERSONAL LINES INSURANCE CARRIER

* HERITAGE INSURANCE HOLDINGS INC - DEAL FOR $250 MILLION

* HERITAGE INSURANCE HOLDINGS INC - DEAL CONSIDERATION CONSISTS OF $210 MILLION IN CASH AND $40 MILLION IN SHARES OF COMMON STOCK

* HERITAGE INSURANCE HOLDINGS INC - EXPECTS TRANSACTION TO BE IMMEDIATELY ACCRETIVE TO EARNINGS PER SHARE AND ROE Source text for Eikon: Further company coverage:

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