Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - DONEGAL GROUP INC | w80765e8vk.htm |
| EX-2.2 - EXHIBIT 2.2 - DONEGAL GROUP INC | w80765exv2w2.htm |
| EX-2.1 - EX-2.1 - DONEGAL GROUP INC | w80765exv2w1.htm |
| EX-99.1 - EX-99.1 - DONEGAL GROUP INC | w80765exv99w1.htm |
EXHIBIT 99.2
DONEGAL FINANCIAL SERVICES CORPORATION
AND
UNION NATIONAL FINANCIAL CORPORATION
AMEND MERGER AGREEMENT
AND
UNION NATIONAL FINANCIAL CORPORATION
AMEND MERGER AGREEMENT
Jeffrey D. Miller, Senior Vice President &
Chief Financial Officer
|
Mark D. Gainer, Chairman, President & Chief Executive Officer | |
Donegal Financial Services Corporation
|
Union National Financial Corporation | |
Phone: (717) 426-1931
|
Phone: (717) 519-8630 | |
Fax: (717) 426-7009
|
Fax: (717) 735-7121 | |
E-mail: jeffmiller@donegalgroup.com
|
E-mail: mgainer@uncb.com |
For Immediate Release
MARIETTA and LANCASTER, Pennsylvania, December 8, 2010 (GLOBENEWSWIRE) — Donald H. Nikolaus,
President of Donegal Financial Services Corporation (“DFSC”), and Mark D. Gainer, Chairman,
President and Chief Executive Officer of Union National Financial Corporation (“UNNF”) (OTC
Bulletin Board: “UNNF.OB”), today jointly announced the execution of an amendment to the Agreement
and Plan of Merger as previously amended, pursuant to which UNNF and DFSC would merge. The
amendment extends the date after which a party may terminate the merger agreement under certain
circumstances from December 31, 2010 to March 31, 2011.
As previously announced, the shareholders of UNNF approved the merger agreement at their
special meeting on September 16, 2010. Regulatory approval of the merger by the Office of Thrift
Supervision is pending.
Donegal Group Inc. (NASDAQ Global Select: “DGICA” and “DGICB”) and Donegal Mutual Insurance Company jointly own DFSC.
We base all statements contained in this release that are not historic facts on our current
expectations. These statements are forward-looking in nature (as defined in the Private Securities
Litigation Reform Act of 1995) and involve a number of risks and uncertainties. Actual results
could vary materially. Among the factors that could cause actual results to vary materially
include: our ability to maintain profitable operations, the adequacy of our subsidiaries reserves
for losses and loss adjustment expenses, business and economic conditions in the areas in which we
operate, competition from various insurance and non-insurance businesses, terrorism, the
availability and cost of reinsurance, legal and judicial developments, changes in regulatory
requirements and other risks we describe from time to time in the periodic reports we file with the
Securities and Exchange Commission. You should not place undue reliance on any such
forward-looking statements. We disclaim any obligation to update such statements or to announce
publicly the results of any revisions that we may make to any forward-looking statements to reflect
the occurrence of anticipated or unanticipated events or circumstances after the date of such
statements.