Infinity Property narrows IPO price range

Newswire

WASHINGTON, Jan 29 (Reuters) - Infinity Property and Casualty Corp. on Wednesday narrowed the price range of its planned initial public offering to $21-$23 per share from $21-$24 each. The indirect wholly-owned unit of insurance provider American Financial Group Inc. , which still plans to offer 12.4 million shares of common stock, disclosed the new price range in an amended prospectus with the Securities and Exchange Commission. Birmingham, Alabama-based Infinity, which provides auto ...

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