Steven Scruggs Comments on Horace Mann

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Nov 17, 2021
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Horace Mann (HMN, Financial) shares rose as the company announced strong earnings and a strategic acquisitionof Madison National Life, a supplemental insurance provider based in the Midwest. The acquisition will allow Horace Mann agents to offer additional products to the niche market of K-12 educators.9

From Steven Scruggs (Trades, Portfolio)' FPA Queens Road Small Cap Value Fund third-quarter 2021 letter.

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