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Stock Market & Financial Investment News

News Breaks
March 5, 2012
12:38 EDTHGICHarleysville Group committee rules in favor of Nationwide merger
In a regulatory filing earlier, Harleysville Group reported that its special litigation committee concluded that the company's directors had fulfilled their fiduciary obligations in negotiating and entering into a merger agreement with Mutual Insurance Company, that the merger agreement is intrinsically fair and satisfies the standards of both fair process and fair result, and that the merger with Nationwide should proceed without further disruption.
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