Finance / United States
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Philadelphia Consolidated To Be Bought By Japanese Insurer
July 2008 | M&A News AlertSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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Japan's largest insurer Tokio Marine Holdings announced on July 23 that it has agreed to buy Philadelphia Consolidated Holding, a Pennsylvania-based business insurer, for about US$4.7 billion, or US$61.50 a share in cash.