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    Tiptree Announces Declaration of a Special Dividend

    12/2/24 9:03:00 AM ET
    $TIPT
    Property-Casualty Insurers
    Finance
    Get the next $TIPT alert in real time by email

    Tiptree Inc. (NASDAQ:TIPT) (the "Company"), today announced that its board of directors (the "Board") has approved the declaration and distribution of a special cash dividend (the "Special Dividend") of $0.25 per share of Tiptree Inc. Common Stock.

    The Special Dividend is payable on December 19, 2024, to holders of record on December 11, 2024. This Special Dividend is in addition to the Company's regular quarterly cash dividend of $0.06 per share most recently paid on November 25, 2024.

    About Tiptree

    Tiptree Inc. (NASDAQ:TIPT) allocates capital to select small and middle market companies with the mission of building long-term value. Established in 2007, Tiptree has a significant track record investing across a variety of industries and asset types, including the insurance, asset management, specialty finance, real estate and shipping sectors. With proprietary access and a flexible capital base, Tiptree seeks to uncover compelling investment opportunities and support management teams in unlocking the full value potential of their businesses. For more information, please visit tiptreeinc.com and follow us on LinkedIn.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20241202245177/en/

    Get the next $TIPT alert in real time by email

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    Leading Proxy Advisory Firms Glass Lewis and Egan-Jones Recommend Tiptree Shareholders Vote AGAINST the Proposed Sale of Fortegra to DB Insurance

    Glass Lewis and Egan-Jones Cite Flawed Structure, Conflicts of Interest, and Failure to Deliver Value to Shareholders Veradace Highlights Several Material Errors in Institutional Shareholder Services' Analysis Veradace Urges Shareholders to Follow Glass Lewis and Egan-Jones' Recommendations and Vote AGAINST the Proposed Transaction at the Upcoming Special Meeting on December 3, 2025 Veradace Partners L.P. (collectively with its affiliates, "Veradace" or "we"), a significant shareholder of Tiptree Inc. (NASDAQ:TIPT) ("Tiptree" or the "Company"), with beneficial ownership of 5.1% of the outstanding common stock, today announced that Glass, Lewis & Co. ("Glass Lewis") and Egan-Jones Ratings

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    Institutional Shareholder Services (ISS) Recommend Tiptree Stockholders Vote "FOR" the Merger of Fortegra and DB Insurance

    Tiptree Inc. (NASDAQ:TIPT) today announced that Institutional Shareholder Services Inc. ("ISS"), the leading independent proxy advisory firm, has recommended that Tiptree stockholders vote "FOR" the approval of the Agreement and Plan of Merger (the "Merger Agreement") by and among Tiptree, The Fortegra Group, Inc. ("Fortegra") and DB Insurance Co., Ltd. ("DB"), providing for the acquisition by DB of all of the outstanding stock of Fortegra in an all-cash deal (the "Merger Proposal"). In their recommendation FOR the Merger Proposal, ISS noted1: "The sales process itself was competitive and TIPT explored alternative transaction structures including an IPO, an outright sale of TIPT, and buy

    11/24/25 7:00:00 AM ET
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    Veradace Partners Issues Presentation Detailing Why Tiptree Shareholders Should Vote "AGAINST" the Deeply Flawed Proposed Sale of Fortegra to DB Insurance

    Highlights Fortegra's Undervaluation, a Flawed and Conflicted Process, and a Tax-Inefficient Structure That Grants Management a $1 Billion "Blank Check" While Delivering No Direct Return to Shareholders Contends There Are Numerous Superior Alternative Paths That Could Deliver Materially Higher, Tax-Efficient Returns to Shareholders Urges Shareholders to Vote AGAINST the Proposed Transaction and Calls on the Board to Pursue a Restructured Deal That Maximizes Shareholder Value Veradace Partners L.P. (collectively with its affiliates, "Veradace" or "we"), a significant shareholder of Tiptree Inc. (NASDAQ:TIPT) ("Tiptree" or the "Company"), with beneficial ownership of 5.0% of the outstan

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    Director Mielle Dominique bought $100,595 worth of shares (5,500 units at $18.29), increasing direct ownership by 8% to 70,712 units (SEC Form 4)

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    SEC Form SC 13G/A filed by Tiptree Inc. (Amendment)

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