Argo Group and Brightcove Stock See Action From Activist Investors | Barron’s

These disclosures are from 13Ds filed with the Securities and Exchange Commission. 13Ds are filed within 10 days of an entity’s attaining more than 5% in any class of a company’s securities. Subsequent changes in holdings or intentions must be reported in amended filings. This material is from March 16 through March 22, 2023. Source: Verity Data

Activist Holdings

Argo Group International

Voce Capital owns 3,317,697 shares of the property and casualty insurer, equal to 9.5% of the outstanding stock.

Brookfield Reinsurance

(ticker: BNRE) announced on Feb. 8 that it agreed to acquire Argo Group for $30 per share in cash, approximately $1.1 billion in total value. Voce Capital entered into a voting and support agreement the same day to vote all of its available Argo Group shares in favor of the deal.

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