NU Online News Service, April 13, 1:23 p.m. EDT
Daytona Beach, Fla.-based insurance brokerage Brown & Brown said it has acquired W. R. Reed & Co. of Portland, Ore. Financial terms were not released.
Brown & Brown said W. R. Reed has annualized revenues of approximately $1.5 million and provides property-casualty, life, health, and other insurance products and services to individuals and businesses in Portland and throughout the United States. The firm was founded by William R. Reed Sr. in 1957.
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