![]() |
![]() |
![]() |
Aug. 27, 2008 at 11:31am Hearing on Safeco sale scheduledThe Office of the Insurance Commissioner will hold a formal hearing to determine whether to approve the purchase of the Safeco Group by the Liberty Mutural Group on Sept. 10. Liberty Mutual and Safeco announced in April that they had agreed to a $6.2 billion sale, pending approval. If the sale is approved, Safeco would change from a publicly traded corporation in the state to a privately held company in Delaware. Posted in Banking/Financial Services, BE Daily, Olympia, Thurston County by News Room | Email News Comments (0) Add your comment below |