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Atlas Financial Holdings Announces Letter of Intent for Sale of American Country and American Service Insurance Companies to Ride-Sharing Insurance Provider Buckle; Continues MGA Strategy with Expense

CHICAGO--(BUSINESS WIRE)--Atlas Financial Holdings, Inc. (NASDAQ: AFH) (“Atlas” or the “Company”) today announced the execution of a non-binding letter of intent (“LOI”) among the Company’s subsidiary American Insurance Acquisition, Inc. (“AIAI”), Buckle Corp (“Buckle”) and the statutory rehabilitator (“Rehabilitator”) of the Company’s indirect subsidiaries American Country Insurance Company (“American Country”) and American Service Insurance Company, Inc. (“American Service”) for the acquisition…