(Bloomberg) — Ace Ltd. Chief Executive Officer Evan Greenberg, who agreed this month to buy Chubb Corp., said integration talks went well with management at the target company, at least after drinks were served.
A recent gathering of executives began like an event for teenagers in which boys and girls separated to opposite sides of the room, Greenberg said in a town hall meeting with Chubb staff, according to a transcript that was in a regulatory filing Wednesday.
"The difference between the high school mixer though is we could hand out alcohol, and so within a reasonable period of time, everybody came out of their own corner," Greenberg said. "The excitement, the good will and natural respect was there. I don't overstate it. People are still strangers, but it's a beginning."
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