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Insurer ACE Ltd. agrees to buy Chubb Corp
So whaddaya think about this?!?
Insurer ACE Ltd. agreed to buy Chubb Corp. for $28.3 billion in cash and stock, creating one of the biggest property-casualty insurance companies in the world as a deal boom that is combining companies in sectors from technology to health care sweeps into another industry. Will they nurture Chubb or try to drive it into the ground to 'eliminate' the competition? ACE Agrees to Buy Chubb for $28.3 Billion - WSJ |
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