Nationwide Mutual Insurance buys Nationwide Financial Services
| August 6th, 2008 | ||
| Nationwide Mutual Insurance Company will acquire Nationwide Financial Services for $2.4 billion. Nationwide Financial Service provided its parent company with life insurance and annuity products. Nationwide Mutual currently owns a 66.3% equity stake in the company already through its Class B shares. Nationwide Mutual announced the acquisition as a strategic move to increase returns by consolidating shareholders and businesses. The deal is expected to close late 2008 or early 2009. | ||
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by benefit on May 8th, 2012
This is definitely a big time buy here. They will benefit so much from this buy. florida short sale
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