Summary
This amended 8-K filing by BROWN & BROWN, INC. (BRO) provides crucial financial details related to its acquisition of assets from Riedman Corporation, initially reported on January 18, 2001. The amendment supplements the original filing by including the audited financial statements for Riedman Insurance (a division of Riedman Corporation) for the year ended December 31, 2000, and the required pro forma financial information reflecting the combined entity. This information is essential for investors to assess the financial impact and performance of this acquired business on Brown & Brown.
Key Highlights
- 1Brown & Brown, Inc. (BRO) has filed an amendment to its January 18, 2001 Form 8-K to provide previously omitted financial information.
- 2The amendment includes audited financial statements for Riedman Insurance for the fiscal year ended December 31, 2000.
- 3Required pro forma financial information, showing the combined impact of the acquisition, is also included.
- 4The acquisition pertains to certain assets of Riedman Corporation.
- 5The company previously stated it was impracticable to provide these financials at the time of the original filing.
- 6This filing ensures compliance with SEC regulations requiring comprehensive financial disclosures for significant acquisitions within specified timelines.
Frequently Asked Questions
This amended 8-K filing provides the audited financial statements of the acquired Riedman Insurance division and pro forma financial information, which were not included in the original 8-K filing dated January 18, 2001, due to impracticability at that time.
The filing includes the audited financial statements of Riedman Insurance for the year ended December 31, 2000, and unaudited pro forma condensed combined financial statements that reflect the impact of the acquisition on Brown & Brown's financial position.
The original acquisition of certain assets of Riedman Corporation was reported on January 18, 2001. This amended filing provides the necessary financial details for that transaction.
This filing is significant because it provides investors with the complete financial picture of the Riedman acquisition, allowing for a more informed assessment of the transaction's impact on Brown & Brown's financial performance and strategic growth.