EMC Insurance Group Inc. said in a release that a special committee of its board of directors has retained Willkie Farr & Gallagher LLP as its legal counsel and Sandler O’Neill + Partners LP as its independent financial adviser in connection with its review, evaluation and response to the nonbinding proposal letter on Nov. 15 from Employers Mutual Casualty Co. to pay $30 per share in cash for all of EMC’s outstanding common stock that it does not already own in an attempt to take EMC private. The proposed transaction would be structured as a merger of a to-be-created wholly owned subsidiary of Employers Mutual Casualty Co. EMC has been a publicly traded company since 1982. Read more at BusinessRecord.com.