NU Online News Service, Aug. 3, 12:15 p.m. EDT
Arthur J. Gallagher & Co. said it has acquired the Portland, Maine, and Cranston, R.I., operations of wholesale broker Gresham & Associates Inc., headquartered in Atlanta, Ga. Financial terms were not released.
AJG, based in Itasca, Ill., said the two acquisitions are managing general agencies and wholesale insurance brokers providing insurance products for independent insurance agents and brokers throughout the northeastern United States.
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