Lemonade still ‘hopeful’ it can close Metromile deal in Q2: CEO Schreiber
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Lemonade still ‘hopeful’ it can close Metromile deal in Q2: CEO Schreiber

Giovanna Bellotti Azevedo
May 10, 2022
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Lemonade co-CEO Dan Schreiber has said that almost all the preconditions to closing the acquisition of Metromile have been met, and now the transaction only requires approval from insurance regulators, specifically in Delaware, to be completed.

Schreiber also noted that the deal has been approved by 95% of Metromile shareholders.

“[The] estimate all along has been that we'll be able to do that in Q2, and I'm still hopeful that will happen”, Schreiber said during his...

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Giovanna Bellotti Azevedo
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