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Stock Market & Financial Investment News

News Breaks
November 30, 2011
13:56 EDTPMIC, ACEPenn Millers Holdings completes sale to ACE Ltd.
Penn Millers Holdings (PMIC) announced the completion of its previously announced merger with a subsidiary of ACE Limited (ACE). Under the terms of the merger agreement, Penn Millers shareholders will receive $20.50 per share in cash, without interest. In connection with the completion of the transaction, trading in the common stock of Penn Millers will be suspended and the common stock will be delisted by the NASDAQ Global Market.
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September 10, 2014
13:49 EDTACEACE launches global primary casulty unit for U.S., Canadian firms
ACE launched a new division that consolidates its U.S. and global casualty offerings to create ACE Risk Management Global Casualty. The division will provide more efficient underwriting and servicing for large multinational companies, as well as smaller but growing companies that may be increasing their operations in additional jurisdictions around the world.

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