MassMutual Agrees to Pay $3.5 Billion for Great American
February 3, 2021 by Allison Bell
Massachusetts Mutual Life Insurance Company has agreed to pay $3.5 billion in cash to acquire Great American Life Insurance Company, and several Great American affiliates, from American Financial Group Inc., the companies announced Wednesday.
MassMutual has agreed to hire about 600 American Financial Group employees associated with the Great American business and keep them in American Financial Group’s headquarters city, Cincinnati.
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Originally Posted at ThinkAdvisor on January 28, 2021 by Allison Bell.
Categories: Industry Articles