Brown & brown, inc. enters into agreement to acquire o'leary insurances

Daytona beach, fla., dec. 16, 2020 (globe newswire) -- j. scott penny, chief acquisitions officer of brown & brown, inc. (nyse:bro), and anthony o'leary, the majority owner of o'leary insurances (“oli”), today announced that brown & brown, inc. (“brown & brown”) has entered into an agreement to acquire the general insurance operating companies of oli. the transaction is expected to close in january 2021, subject to certain closing conditions.
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