Deal Creates Second Biggest in Bonds - ENR | McGraw-Hill Construction
Keywords: markets, legislation, finance, business conditions, equipment & materials, costs, construction industry, labor
Full Article Price:
$4.95
Delivery: Immediate Online Access
Publication Date: 30-APR-08
Format: XML document
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Article Description| The number of major surety underwriters is set to shrink again with the April 23 announcement that Liberty Mutual Group plans to acquire Safeco for $6.2 billion in cash. The deal must be approved by insurance regulators in seven states, but no major obstacles are foreseen and the transaction should close later this year. |
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