US Business & Law – Liberty Mutual Group in Agreement to Acquire Safeco Corporation for $6.2 Billion
LAWFUEL – Legal Announcement Service – Debevoise & Plimpton LLP is advising Liberty Mutual Group (“Liberty Mutual”) in a definitive agreement with Safeco Corporation (“Safeco”) pursuant to which Liberty Mutual will acquire all outstanding shares of common stock of Safeco for $68.25 per share in cash. The proposed transaction is valued at approximately $6.2 billion.

