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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.
Travis Wetzel Would love to perform on Echos of an Era again ! The Travis Wetzel Duo is doing a music program at The Lansdale Train Station Sept. 17th 12noon-1:15pm Please spread the word Travis Wetzel Music
WNPV AM 1440 Have you caught Jeff Nolan's high school football previews in the morning? WNPV's high school football schedule begins this Friday night when LaSalle College comes to North Penn starting at 7:30 PM.
WNPV AM 1440 Do you have legal questions? Jot them down and then call WNPV tomorrow between 11:10 and noon when Liam Duffy and Andy Levin from Rubin, Glickman, Steinberg and Gifford will provide free legal answers on "Legally Speaking" right here on 1440 AM! Call 215-855-8211 or 800-355-9678 between 11:10 and 12 noon tomorrow.

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