The Milwaukee Journal Sentinel, November 18th, 2003
Travelers, The St. Paul to merge
$16.5 billion stock deal to create 2nd-biggest U.S. business insurer
By KARREN MILLS Associated Press
Tuesday, November 18, 2003
Minneapolis -- Travelers Property Casualty Corp. plans to combine with The St. Paul Cos. Inc. in a $16.5 billion stock transaction that would create the nation's second-largest business insurer.
The new company would be known as The St. Paul Travelers Cos. and have assets of $107 billion, the companies announced Monday.
The agreement would mix Travelers' strength in general commercial insurance and personal insurance -- such as ...
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