Allstate Recommends Shareholders Reject Below-Market Mini-Tender Offer by Peer & Peri LLC

NORTHBROOK, Ill., April 9, 2019 /PRNewswire/ — The Allstate Corporation (ALL) has received notice of an unsolicited “mini-tender” offer by Peer & Peri LLC to purchase up to 40,000 shares of Allstate’s common stock. Peer & Peri’s offer price of $76.00 per share is approximately 20% lower than the $94.87 closing price of Allstate shares on April 8, 2019, the date the offer commenced. Allstate is not affiliated in any way with Peer & Peri, the offer or the offer documentation.