August 22, 2018 / 10:30 AM / a month ago

Insurer Hartford Financial to buy Navigators Group for $2.1 billion

Aug 22 (Reuters) - Insurer Hartford Financial Services Group Inc said on Wednesday it will buy Navigators Group Inc in a $2.1 billion cash deal.

The offer of $70 per share represents a premium of 9 percent to Navigators Group’s Tuesday close. (Reporting by Diptendu Lahiri in Bengaluru; Editing by Shailesh Kuber)

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