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Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Fri., May. 22, 4:27 AM

Slide #3. Arthur J. Gallagher & Co. James R. Weir Insurance Agency, Inc.

Acquirer: Arthur J. Gallagher & Co. (NYSE:AJG)
Acquiree: James R. Weir Insurance Agency, Inc.
Details: Arthur J. Gallagher & Co. (NYSE: AJG) today announced the acquisition of James R. Weir Insurance Agency, Inc. in Mankato, Minnesota. Terms of the transaction were not disclosed.

Arthur J. Gallagher & Co. is engaged in providing insurance brokerage and third-party claims settlement and administration services to entities in the U.S. and abroad. Co. operates three segments: Brokerage, which is comprised of retail and wholesale brokerage operations; Risk Management, which provides contract claim settlement and administration services for enterprises that choose to self-insure some or all of their property/casualty coverages and for insurance companies that choose to outsource some or all of their property/casualty claims departments; and Corporate, which manages Co.'s clean energy and other investments.

Open the AJG Page at The Online Investor »

Company Name:  Gallagher (Arthur J.) & Co.
Website:  www.ajg.com
Sector:  Insurance Brokers
Number of ETFs Holding AJG:  54
Total Market Value Held by ETFs:  $570.91M
Total Market Capitalization:  $8.12B
% of Market Cap. Held by ETFs:  7.03%
 

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May 22, 2015    4:27 AM Eastern
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