CNA Surety Jumping Higher (SUR)

CNA Surety Corporation

is up 20% today on strong volume, after the company agreed to be acquired by CNA Financial

. The agreed upon price was $375 million in cash, which is a $22 per share offer. Shares are currently above the $22 offer, suggesting an alternative or raised bid may come in for CNA Surety. CNA Surety Corporation provides surety and surety-related products and services in North America.