NU Online News Service, Dec. 15, 3:39 p.m. EST
Investment bank Keefe, Bruyette & Woods (KBW) said mergersand acquisitions accelerated during the 2010 second half,indicating that larger companies with abundant capital are lookingfor "opportunistic growth."
In its outlook for 2011, KBW said it expects more deals nextyear and highlighted American Safety Insurance, Eastern InsuranceHoldings, Navigators Group Inc. and SeaBright Insurance ascandidates to be targeted.
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