NU Online News Service, July 12, 2004, 6:14 p.m. EDT
Insurance companies announced 69 mergers and acquisitions in the second quarter, down slightly from 70 in the second quarter of 2003.[@@]
NOT FOR REPRINT
Insurers Announce $5.3 Billion In Deals
By
Staff Writer
July 12, 2004 at 08:00 PM
Share & Print
SNL Financial L.C., Charlottesville, Va., reports those figures in its latest quarterly M&A update.
Total insurance industry deal value increased to $5.3 billion, up from $4.6 billion for the comparable quarter of 2003, thanks to the announcement that UnitedHealth Group Inc., Minnetonka, Minn., has offered $5 billion for Oxford Health Plans Inc., Trumbull, Conn.
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
