Insurer Hartford Financial to Buy Navigators Group for $2.1 Billion

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Insurer Hartford Financial Services Group Inc said on Wednesday it will buy Navigators Group Inc in a $2.1 billion cash deal to expand its product offerings and geographic reach. Hartford’s offer of $70 per share represents a premium of 9 percent to Navigators’ Tuesday close. Navigators’ shares were trading at $70.50, indicating that investors were… Continue reading Insurer Hartford Financial to Buy Navigators Group for $2.1 Billion