Many mutual insurers, including MetLife and Prudential, havedemutualizedover the years. Demutualization is the process by which policyholders became stockholders and the company’s shares begin trading on a public stock exchange. By becoming a stock company, insurers are able to unlock va...
new companies generally looked to the likes of the Rockefellers or Vanderbilts for the capital they needed to grow. ARDC soon had millions in its accounts from educational institutions and insurers. ARDC alums founded firms such as Morgan Holland...
Nippon Steel, in December of 2023. U. S. Steel stockholders approved the buyout on April 12, 2024. Consummation of the deal has been awaiting review by the U.S. Committee on Foreign Investment in the United States (CFIUS). Reuters is reporting th...