Acquisition-hungry Humana is back in the hunt again
Article Abstract:
Gregory H. Wolf, president and CEO of Humana Inc., will not comment on the rumor that his company is talking with Prudential Insurance Co. about acquiring Prudential's health-care division. Humana backed out of a deal in August in which it would have been acquired by United HealthCare Corp. If Humana buys the Pru group, it will add 5 million plan members to its own 6.2 million and $6.5 billion in annual revenue to its own $8 billion.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1998
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Chubb Corp. to buy Executive Risk Inc. in stock deal valued at $810 million
Article Abstract:
Analysts are a little surprised at the price, $810 million, that Chubb Corp. will pay to acquire Executive Risk Inc. The stock deal is expected to close by the end of the second quarter. The two are commercial property-casualty insurers with compatible specialty lines making it a good strategic fit.
Comment:
Company to purchase Executive Risk Inc. at a premium price
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1999
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