AGREEMENT AND PLAN OF MERGER DATED AS OF OCTOBER 31, 2006 BY AND AMONG MERCHANTS GROUP, INC., AMERICAN EUROPEAN GROUP, INC. AND AMERICAN EUROPEAN FINANCIAL, INC.Agreement and Plan of Merger • November 2nd, 2006 • Merchants Group Inc • Fire, marine & casualty insurance • New York
THIS AGREEMENT AND PLAN OF MERGER (this “Agreement”), effective as of October 31, 2006, is entered into by and among Merchants Group, Inc., a Delaware corporation (the “Company”), American European Group, Inc., a Delaware corporation (“Buyer”), and American European Financial, Inc., a newly-formed Delaware corporation and a wholly-owned subsidiary of Buyer (“MergerCo”).
