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October 13, 2009 06:30 ET | Source: HCI Group, Inc.

Homeowners Choice Submits Proposal to Merge With 21st Century Holding Company

Proposed Offer is for $1.00 in cash and 0.5 share of Homeowners Choice Common Stock for Each Share of 21st Century's Common Stock Proposed Offer Values 21st Century Stock At $5.30 Per...