BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.
To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.
To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.
Shareholders of Jardine Lloyd Thompson Group PLC have approved its $5.6 billion acquisition by Marsh & McLennan Cos. Inc.
The vote in favor of the transaction was 99.9% of voted shares, Marsh & McLennan said Wednesday in a statement.
“Today’s vote is an important milestone,” Dan Glaser, the company’s president and CEO, said in the statement. “The process of planning the future of Marsh & McLennan and JLT together now begins in earnest.”
In October, the U.S. Federal Trade Commission granted early termination of the waiting period for the acquisition.
The transaction remains subject to additional antitrust, financial regulatory and U.K. High Court approvals, according to the statement.
COLORADO SPRINGS, Colorado — Marsh & McLennan Cos. Inc.’s announced $5.6 billion acquisition of Jardine Lloyd Thompson Group PLC was the buzz of the Insurance Leadership Forum last week, serving as yet another reminder that merger and acquisition activity is likely to persist in the industry.