After its initial offer of $65 per share to acquire The Hartford was rejected, insurer Chubb came back with two additional offers of $67 and then $70 per share, The Hartford reported today in its first quarter filings.
The Hartford’s board of directors unanimously rejected each of Chubb’s proposals, determining that “entering into discussions regarding a strategic transaction would not be in the best interests of the company and its shareholders.”
On March 11, Chubb CEO Evan Greenberg proposed an acquisition of Hartford Financial Services for about $23.2 billion in cash and stock in what would have been one of
Black employees held a lower share of top US financial services jobs in 2018 than they did more than a decade earlier, according to new research by the Financial Times, underlining the shortcomings of Wall Street’s long-running efforts to improve racial diversity.
The FT analysed the most recently available anonymised data on the demographics of 3.6m staff across 13,000 financial services employers in the US from 2007 to 2018. All companies with more than 100 staff were required to submit the information to the Equal Employment Opportunity Commission from 2007.
Black staff account for 13 per cent of all finance
Microsoft To Do makes it easy to share tasks and lists between devices and other people. But until recently, you couldn’t share lists between personal accounts and work accounts. A recent update to Microsoft To Do brings support for sharing lists between the two types of accounts.
Before this update, you could only share lists between personal accounts or between work (or school) accounts within the same organization. Now, you can easily share lists across account types.
State legislators joined the Connecticut Women’s Business Development Council to host an informational webinar on Tuesday about resources available to women and minority business owners to weather the pandemic.
State Rep. Devin Carney, R-Old Lyme, joined Bipartisan Women’s Legislative Caucus members State Representatives Donna Veach, R-Berlin, and Christie Carpino, R-Cromwell, and Women’s Business Development Council CEO Fran Pastore to share advice for small business owners.
“Typically, WBDC sees about 800 women a year from all over the state of Connecticut, but from March to November 2020, we increased that by 600 percent,” Pastore said. “We helped put an estimated $11
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