BOW +10% premarket after American Family Mutual Insurance Company said it will acquire the company in an all-cash deal valued at about $1.2B

BOW +10% premarket after American Family Mutual Insurance Company said it will acquire the company in an all-cash deal valued at about $1.2B, expanding the insurer's commercial Insurance business. American Family, which already owns a stake in Bowhead, will pay $34 per share for the remaining shares