Marsh McLennan Agency Acquires AmeriStar Agency; Terms Of The Acquisition Were Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Marsh McLennan Agency, a subsidiary of Marsh, has acquired AmeriStar Agency, Inc., an independent agency based in Wayzata, Minnesota. The terms of the acquisition were not disclosed.
July 02, 2024 | 5:01 pm
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Marsh McLennan Agency, a subsidiary of Marsh, has acquired AmeriStar Agency, Inc. The acquisition is expected to expand Marsh McLennan's footprint in the insurance industry. Terms of the deal were not disclosed.
The acquisition of AmeriStar Agency by Marsh McLennan Agency is likely to positively impact MMC's stock in the short term as it expands its market presence and capabilities in the insurance sector. The lack of disclosed terms does not significantly detract from the positive outlook.
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