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https://www.wsj.com/articles/car-insurance-firm-root-gets-takeover-bid-cf8a8a97

Car-Insurance Firm Root Gets Takeover Bid

Embedded Insurance offered $19.34 a share, hasn’t managed to negotiate a deal

By Lauren Thomas
Root, which went public in 2020, is a tech-enabled insurance provider. Photo: Dan Gaba/The Wall Street Journal

A bidder has emerged for embattled car-insurance startup Root, according to people familiar with the matter.

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Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.