Jones Day Reps Nationwide In $760M Harleysville Buy
Nationwide, which sells home and auto insurance, said it would pay $60 per share for about 12.6 million shares in Harleysville Mutual Insurance Co.'s publicly held subsidiary. All policyholders with Harleysville Mutual will become members of Nationwide.
“With Harleysville’s expertise in commercial lines and Nationwide’s complementary geographic distribution, there will be a substantial opportunity to increase market share,”...
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