This is a small splash, but a sign of things to come. I’ve been telling you all to watch for a couple of sizable acquisitions – and they are coming soon. In particular, 2 companies primarily located in the East, but with fingers that stretch through the Midwest are vulnerable. They are $1 billion to $2.5 billion in size, and heaviest in Commercial Lines. I can only speculate who will acquire, but be cautious. The Cincinnati news complicates matters a bit. We will see some interesting news and rumors in the next several months as this recession hits, and as these stocks reach 52-week lows.
This is a small splash, but a sign of things to come. I’ve been telling you all to watch for a couple of sizable acquisitions – and they are coming soon. In particular, 2 companies primarily located in the East, but with fingers that stretch through the Midwest are vulnerable. They are $1 billion to $2.5 billion in size, and heaviest in Commercial Lines. I can only speculate who will acquire, but be cautious. The Cincinnati news complicates matters a bit. We will see some interesting news and rumors in the next several months as this recession hits, and as these stocks reach 52-week lows.
Are you talking about Hanover & Harleysville? I believe one or both may be on the both. (thats my opinion only
You got one of two correct. The other begins with “S”.
Selective