Insurance Brokers M&A » By The Online Investor Staff, updated Fri., Dec. 3, 5:09 PM
Recent mergers and acquisitions in the Insurance Brokers M&A category.
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Slide #30. Marsh & McLennan Agency — Great Lakes Employee Benefit Services
Acquirer:
Marsh & McLennan Agency (NYSE:MMC)
Acquiree:
Great Lakes Employee Benefit Services
Details:
Marsh & McLennan Agency LLC (MMA), a subsidiary of Marsh LLC, today announced that it has acquired Great Lakes Employee Benefit Services, an employee group benefits consulting and brokerage firm based in Troy, Michigan. Terms of the transaction were not disclosed.
Marsh & McLennan Companies is a holding company. Through its subsidiaries, Co. provides clients advice in the areas of risk, strategy and people. Co. provides analysis, advice and transactional capabilities to clients. Co. conducts business through two segments: Risk and Insurance Services, which includes risk management activities (risk advice, risk transfer and risk control and mitigation solutions) as well as insurance and reinsurance broking and services; and Consulting, which includes health, wealth and career services and products, and other management, economic and brand consulting services.
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Avg. Broker Rec.
 
|
Buy (2.67 out of 4) 2nd percentile
(ranked lower than approx. 98% of all stocks covered)
Analysts' Target Price: MMC Stock Forecast Based on Zacks ABR data; powered by Xignite |
