NU Online News Service, Nov. 9, 10:48 a.m. – Ceres Group Inc., Cleveland, says the roster of underwriters helping it with a $25 million stock offering has changed.
The lead managers are now Friedman, Billings, Ramsey & Co. Inc., Arlington, Va., and Sandler O’Neill & Partners L.P., New York
Stifel, Nicolaus & Company Inc., St. Louis, has signed on be the co-manager.
Ceres sells major medical insurance, Medicare supplement insurance, and other life and health insurance products.