| | Breaking Insurance News | | | After its initial offer of $65 per share to acquire The Hartford was rejected, insurer Chubb came back with two additional offers of $67 and then $70 per share, The Hartford reported today in its first quarter filings.
The Hartford's board of director unanimously rejected each of Chubb's proposals, determining that "entering into discussions regarding a strategic transaction would not be in the best interests of the company and its shareholders." | | | | Read the full story |
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