April 3 (Reuters) - Donegal Group Inc:
* UNIT PLANS TO CONSOLIDATE CERTAIN OPERATIONS & CLOSE BRANCH OFFICE OF PENINSULA INSURANCE COMPANY EFFECTIVE JULY 2
* EXPECTS TO ACHIEVE ANNUALIZED EXPENSE SAVINGS OF ABOUT $3.7 MILLION AS A RESULT OF IMPLEMENTING PENINSULA CONSOLIDATION
* EXPECTS RESTRUCTURING CHARGE FOR EMPLOYEE TERMINATION COSTS ASSOCIATED WITH PENINSULA CONSOLIDATION OF ABOUT $1.9 MILLION TO $2 MILLION Source text for Eikon: Further company coverage:
