DundeeWealth(R) Reports June 2010 Fee Earning Assets of $70.0 Billion and $440 Million in Total Net Sales

DundeeWealth Inc. ("DundeeWealth") (TSX: DW) reported total revenue earning fiduciary assets at June 30, 2010 of $70.0 billion. This includes $38.0 billion in assets under management ("AUM"), $7.2 billion in Bank Deposits from Dundee Bank of Canada and $24.8 billion in assets under administration ("AUA").

Change in AUM for the month includes total mutual fund net sales of $257 million, which is comprised of long-term mutual fund net sales of $270 million and short-term mutual fund net redemptions of $13 million.

Eastern Bank Corporation Announces Agreement to Acquire Wainwright Bank & Trust Company

Eastern Bank Corporation signed a definitive agreement to acquire Wainwright Bank & Trust Company (Nasdaq: WAIN) in an all-cash transaction valued at approximately $163 million, the banks announced today.

Under the terms of the transaction, shareholders of Wainwright Bank & Trust Company will be entitled to receive $19.00 in cash in exchange for each share of Wainwright Bank & Trust Company common stock and common stock equivalents outstanding.

The merger will combine two banks focused on serving their communities, while providing enhanced convenience for customers of both organizations. The combined organization will have more than 90 retail banking offices serving people and businesses across eastern Massachusetts, including 22 offices in the Boston metro area.

LQ Acquisition, Inc. Commences Tender Offer to Acquire Remaining Public Stake in Life Quotes, Inc.

LQ Acquisition, Inc. announced today that it is commencing a cash tender offer for all of the outstanding publicly held shares in Life Quotes, Inc. (Nasdaq: QUOT) that it does not own for $4.00 per share in cash (the "Tender Offer"). This Tender Offer presents an approximately 44% premium over June 10, 2010's closing price. LQ Acquisition, Inc. currently owns approximately 31% of the outstanding shares in Life Quotes, Inc. ("Life Quotes"). LQ Acquisition, Inc. has also signed share tender agreements with William V. Thoms and Zions Bancorporation which provides that these stock holders will tender their shares in the Tender Offer, which should provide LQ Acquisition with over 73% of the outstanding shares.

Life Quotes formed a committee consisting entirely of independent directors (the "Special Committee") to, among other things, review this Tender Offer.

Old Republic and PMA Capital Announce $365 Million Merger Agreement

Old Republic International Corporation (NYSE:ORI) (“Old Republic”) and PMA Capital Corporation (NASDAQ:PMACA) (“PMA”) announced today that the companies have entered into a merger agreement pursuant to which Old Republic will acquire all of PMA’s outstanding common stock. Under the terms of the agreement approved by the boards of directors of both companies, Old Republic will issue 0.55 shares of Old Republic common stock in exchange for each outstanding common share of PMA. Depending on the price of Old Republic’s common stock preceding the closing of the merger, the exchange ratio may be adjusted upwards or downwards, but will not exceed 0.60 or be less than 0.50. The initial exchange ratio represents a premium of approximately 15% to the closing price of PMA’s common stock on June 8, 2010, the last trading day before the signing of the merger agreement. As of the latter date the transaction therefore attributes a total enterprise value for PMA of approximately $365 million, consisting of $228 million for PMA common shares.