Arthur J. Gallagher Acquires Texas-Based New Braunfels; Financial Terms Not Disclosed
Arthur J. Gallagher & Co. today announced the acquisition of New Braunfels, Texas-based Mund Group, Ltd. Terms of the transaction were not disclosed.
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Why It Matters
Arthur J. Gallagher bought a Texas insurance company called Mund Group. When big companies buy smaller ones, it usually means they want to grow and serve more people.
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