Tuesday, August 21, 2007

 

Ohio Casualty Merger Wins State Approval

The planned acquisition of Ohio Casualty Corp. by Liberty Mutual Group. has received the go-ahead from the Ohio and Indiana departments of insurance, the companies said Monday.

The Fairfield-based insurer inked an agreement in May to be acquired by Liberty Mutual, the sixth-largest property and casualty company in the United States, for $44 per share, or about $2.7 billion in total.

Ohio Casualty Merger Wins State Approval
Source: Biz Journals

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