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Hanover Insurance Group Inc V.THG


Primary Symbol: THG

The Hanover Insurance Group, Inc. is the holding company, which is engaged in the business of property and casualty insurance products and services. The Company operates through three segments: Core Commercial, Specialty, Personal Lines and Other. Core Commercial product suite provides agents and customers with products designed for small and mid-sized businesses. Core Commercial segment coverages include commercial multiple peril, workers’ compensation, and other core commercial. Specialty segment offers a comprehensive suite of products focused predominately on small to mid-sized businesses. This includes various specialized products that are organized into four distinct divisions: Professional and Executive Lines, Specialty Property & Casualty, Marine, and Surety and Other. Personal Lines segment coverages include Personal automobile, and Homeowners and other personal lines. The Other segment primarily includes Opus, which provides investment advisory services to affiliates.


NYSE:THG - Post by User

Post by AlphaMineron Jan 09, 2013 5:23pm
207 Views
Post# 20817456

Company has moved forward!

Company has moved forward!

Again I reiterate this is an excellent development. I realize many were hoping for a buyout but this acquisition is a very positive step for threegold. If you were let down than your expectations were maybe too high. The reality is (this is coming from management as I called personally) that this property should be producing gold by March!  It has diversified Threegolds holdings and provides cash flow. A great development! As far as being left holding I will say I AM still holding because there is no reason to sell at this point with the panicked. Let the market digest and comprehend the news. Again I am impressed with the acquisition.

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