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Marsh McLennan Agency Acquires Robins Insurance

1. MMC acquires Robins Insurance, enhancing its business insurance capabilities. 2. The deal, headquartered in Nashville, strengthens MMC's market position in the US.

M&A
-0.68%Current Return
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+0.69%S&P 500
$206.6709/02 10:22 AM EDTEvent Start
$205.2709/03 04:44 PM EDTLatest Updated
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FAQ

Why Bullish?

The acquisition supports MMC's growth strategy, reflecting similar past acquisitions boosting stock value.

How important is it?

The acquisition may enhance revenue streams, reflecting MMC's positive growth trajectory.

Why Short Term?

Market perception may improve quickly due to strategic acquisitions, historically boosting stock prices short-term.

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MMCMARSH
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Marsh McLennan Agency (MMA), a business of Marsh and a leading provider of business insurance, employee health and benefits, retirement and wealth, and private client insurance solutions across the US and Canada, today announced the acquisition of Robins Insurance, a Nashville, Tennessee-based independent insurance agency. Terms of the acquisition were not disclosed. Founded in 1976, Robins primarily provides business insurance and personal lines expertise t.

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