Travelers Buys Some Royal & SunAlliance Lines
By Mark E. Ruquet
NU Online News Service, Sept. 4, 2:45 p.m. EDT ?
Travelers said today that the purchase would consist of a minimum payment of $25 million, with a potential additional payment contingent on the volume of business actually written. The added payment, the carrier said, is estimated to be in the range of $35-$40 million.
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