Acordia Acquires Tenn. Broker

NU Online News Service, April 4, 10:07 a.m.EST?Insurance broker Acordia, Inc. in Chicago, Ill.announced the acquisition of Risk Management Services, Inc., ofMorristown, Tenn.

Terms of the acquisition were not disclosed. The deal wascompleted the end of last year, Acordia said in a statement. Thecompany said an announcement of the transaction was delayed becauseof a reorganization in its communications unit.

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