AJG Acquiring BenefitPort N.W.
NU Online News Service, July 12, 9:37 a.m. EDT?Arthur J. Gallagher & Co. brokerage said it has entered into a definitive agreement with certain subsidiaries of BLC Holdings, LLC to acquire the assets of BenefitPort Northwest.[@@]
Terms of the transaction were not disclosed. The Itasca, Ill.-based AJG said it expects to close the deal in the fall of 2004, "subject to certain closing conditions."
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