American Financial Group (AFG) announced Monday morning that it has offered to buy all of the outstanding common shares of National Interstate Corp. (NATL) not currently owned by its wholly-owned subsidiary, Great American Insurance Co., for $30 per share in cash or around $293 million.
National Interstate gapped open sharply higher Monday, but was range-bound throughout the session. Shares finished with a gain of 6.93 at $29.54 on the highest volume of the year. The stock closed challenging the highs of the year, trading at a 4-month high.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.