New ETF Book by Larry Connors - Click here to read more
The transaction is expected to close on November 2, 2009.
Deal Type Acquisition Sub-Category Majority Acquisition Deal Status Announced: 2009-10-15
Deal Participants
Target (Company) Pottruff & Smith Insurance Brokers, Inc. Acquirer (Company) Manulife Financial Corporation
Deal Rationale
The acquisition strengthens Manulife's existing travel insurance operations and provides momentum to move its Affinity Markets' business segment to higher levels.
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