Ft. Lauderdale, FL – Patriot National, Inc. (NYSE:PN), a provider of technology and outsourcing solutions to the insurance industry, recently announced that its Board of Directors has formed a new special committee of independent directors to explore and review a range of strategic alternatives for the Company.
There is no assurance that this review will result in any strategic alternatives being announced or consummated.
The Company does not intend to discuss or disclose further developments during this process unless and until the Board of Directors of the Company has approved a specific action or otherwise determined that further disclosure is appropriate.
Patriot National has recently made new appointments to its board:
- Patriot National Announces New Appointment to Board of Directors
- Patriot National Announces New Appointments to Board of Directors
Previously when announcing the sale of Global HR Research Patriot National noted that the transaction reflected Patriot National’s strategic plan to focus on its core businesses, workers’ compensation insurance services and technology.
Source: Patriot National