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Harleysville Merger Approved

Harleysville Insurance Group shareholders have approved a merger between Harleysville and Nationwide Mutual Insurance. They have also agreed to accept $60 per share, a price well above the stock’s previous high in the mid 30’s.  Under the agreement Harleysville policyholders become Nationwide policyholders and members.

The Pennsylvania Insurance Department has approved the merger, but it still needs approval from regulators in New Jersey, Ohio and Michigan, and a lawsuit some Harleysville policyholders filed against the company is working its way through the courts.  They say some of the money should go to policyholders, who are the owners in theory, but in practice the executives and directors control the company.
WNPV AM 1440 Who are your musical heroes? When did your love of music start? Why do you play the instrument that you currently play? Send me your bio and 3 mp3s and you might be a guest on Buxmont Live. Music month was so popular we're going to include music year 'round. jr@buxmontlive.com
BuxMont Live! Saturdays 10:10 am to 11 am on WNPV AM 1440 www.buxmontlive.com BuxMont Live is a live radio program on WNPV AM 1440 Saturdays 10:10 am to 11:00 am.
WNPV AM 1440 Tomorrow is the 3rd Saturday of August! Tune to 1440 AM at 11 AM for "Premium Coverage" with Mike Bruckner! Have a question about dealing with insurance adjusters? Call Mike at 215-855-8211. He'll tell you how to get the insurance settlement that you're entitled to!
WNPV AM 1440 Find out what's new in the world of health and wellness by tuning in to The Holly Hill Health Hour with Jim Wilk tomorrow at 11:10 AM on 1440 AM, WNPV!
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Mark Lauer Great time today! Thank you so much

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