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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 is a holding company. Through its subsidiaries, Co. is a services firm in the areas of risk, strategy and people. Co.'s segments are: Risk and Insurance Services, which includes risk management activities such as 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 solutions and products, and other management, strategic, economic and brand consulting services. Co. conducts business in Risk and Insurance Services segment through Marsh and Guy Carpenter. Co. conducts business in Consulting segment through Mercer and Oliver Wyman Group.
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Hold (2.33 out of 4) 0th percentile
(ranked lower than approx. 100% of all stocks covered)
Analysts' Target Price: MMC Stock Forecast Based on Zacks ABR data; powered by Xignite |