>Boston-based Liberty Mutual Group is a diversified global insurer and sixth largest property and casualty insurer in the U.S. based on 2007 direct written premium. (http://www.libertymutualgroup.com)

 

>Safeco provides insurance for individuals and for small- and mid-sized businesses. Safeco offers a wide array of property and casualty insurance products, including personal auto and home as well as coverage for small- and mid-sized businesses, and surety bonds. (http://www.safeco.com/)

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>AGREEMENT AND PLAN OF MERGE 

 http://www.sec.gov/Archives/edgar/data/86104/000134100408000744/exhibit2-1.htm

 

>Press Release:

 http://www.businesswire.com/news/home/20080423005734/en

 

>Consideration:

Liberty Mutual will acquire all outstanding shares of common stock of Safeco for $68.25 per share in cash.  

 

>Expected Closed:

 3Q 2008

 

 

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