Ace to Acquire Chubb for $28.3 Billion in Cash, Stock
at The Street - Wed Jul 01, 1:07PM CDT
The merger announced Wednesday is one of the biggest industry deals ever.
AGII: 60.05 (unch), ACE: 106.47 (-0.11), CB: 125.21 (+0.07), NAVG: 81.99 (-0.74), BRK.A: 199,650.00 (-966.00)
Oxford Industries and HCC are big market movers
AP - Wed Jun 10, 3:27PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:
SIGM: 7.57 (+0.30), GE: 28.07 (+0.04), ZQK: 0.45 (unch), OXM: 74.20 (-0.61), HPQ: 29.30 (+0.12), HOV: 2.34 (-0.01), LULU: 52.75 (-1.46), AAL: 42.42 (+2.68), BDBD: 9.13 (-0.03), RCON: 1.00 (+0.02), HRB: 35.40 (+0.02), HCC: 77.70 (+0.01), JCI: 44.30 (-0.09)
Shares of HCC Insurance Holdings, Inc. Pop on "Win-Win" Tokio Marine Takeover
Alex Dumortier, CFA, The Motley Fool - Motley Fool - Wed Jun 10, 2:50PM CDT
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. What Shares of HCC Insurance Holdings rose as much as...
HCC: 77.70 (+0.01)
Robbins Arroyo LLP: Acquisition of HCC Insurance Holdings Inc. (HCC) by Tokio Marine Holdings Inc. May Not Be in Shareholders' Best Interests
PR Newswire - Wed Jun 10, 1:36PM CDT
Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of HCC Insurance Holdings Inc. (NYSE: HCC) by Tokio Marine Holdings Inc. (OTC: TKOMY). On June 10, 2015, the two companies announced the signing of a definitive merger agreement pursuant to which Tokio will acquire HCC. Under the terms of the agreement, HCC shareholders will receive $78.00 in cash for each share of HCC common stock.
HCC: 77.70 (+0.01)
EQUITY ALERT: The Rosen Law Firm Announces Investigation of HCC Insurance Holdings, Inc. Concerning Its Proposed Sale to Tokio Marine Holdings, Inc. - HCC
Business Wire - Wed Jun 10, 12:30PM CDT
The Rosen Law Firm, a global investor rights law firm, announces that it is investigating the Board of Directors of HCC Insurance Holdings, Inc. (NYSE:HCC) for possible breaches of fiduciary duty and other violations of law by failing to adequately shop HCC Insurance Holdings, Inc. to maximize shareholder value before agreeing to be acquired by Tokio Marine Holdings, Inc. (OTC:TKOMY).
HCC: 77.70 (+0.01)
Tokio Marine to Buy HCC Insurance Holdings for $7.5 Billion
at The Street - Wed Jun 10, 8:53AM CDT
Tokio Marine's deal for HCC will be the biggest ever for the Japanese buyer and boost the proportion of its profit derived from outside Japan to 42% of the total.
HCC: 77.70 (+0.01)
European Stocks Edge Up From 3-Month Lows; Bayer Sells Diabetes Division
at The Street - Wed Jun 10, 5:47AM CDT
European stock indices edged higher on Wednesday, recovering from three-month lows, as reports stoked hopes that Greece may yet reach a debt deal. Bayer is selling its diabetes care business.
JPM: 61.93 (-0.20), IGTE: 48.00 (+0.31), HSBC: 40.57 (-0.22), KKR: 18.67 (-0.09), HCC: 77.70 (+0.01)
Japan's Tokio Marine to buy insurer HCC for $7.5 billion
AP - Wed Jun 10, 5:41AM CDT
TOKYO (AP) — Insurer Tokio Marine Holdings Inc. said Wednesday it has agreed to buy U.S. insurance company HCC for about $7.5 billion.
HCC: 77.70 (+0.01)
Dai-ichi, Protective Life Merger Gets Final Nod from Agencies - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jan 26, 2:00PM CST
The final and the most crucial step in concluding the merger between Dai-ichi and Protective (PL) has been reached, with regulatory authorities in the United States and Japan giving necessary approvals to the merger
PL: 69.95 (-0.01), PRU: 78.08 (-0.20), MET: 48.39 (-0.23)