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Solera Holdings Inc to acquire Insurance and services division of Pittsburgh Glass Works, LLC


Monday, 12 May 2014 04:26pm EDT 

Solera Holdings Inc:Signed a definitive agreement to acquire the Insurance and Services Division of Pittsburgh Glass Works, LLC.Acquisition is expected to close in the fourth quarter of Solera's fiscal year ending June 30.Under the terms of the Agreement, Solera will purchase 100 pct of the operating entities and other assets that comprise I&S' business for about $280 million. 

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