Reports that London-based Willis is once again approaching Marsh & McLennan Companies about acquiring its insurance brokerage unit sent their stocks higher on a day when the Dow lost over 300 points.
In an e-mail an MMC spokeswoman in New York said the company had no comment on the rumor. A Willis spokeswoman said the brokerage does not comment on rumors or speculation.
This is the second time reports have surfaced that executives with Willis have approached MMC about making a deal.
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