Thursday, September 29, 2011

Breaking News: Nationwide and Harleysville Insurance Agree to Merger

Insurance Journal Breaking News
September 29, 2011

Breaking News Alert

Nationwide and Harleysville Insurance
Agree to Merger

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Nationwide Mutual Insurance Co. and  Harleysville Group Inc. announced on Thursday, Sept. 29, that they have agreed to a merger.

Under the terms of the agreement, Harleysville Mutual policyholders will become policyholders and members of Nationwide Mutual and Nationwide Mutual will acquire all of the publicly held shares of common stock of Harleysville Group for $60.00 per share in cash.

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