Krisan Marotta
Ace acquisition of Chubb

Ace acquisition of Chubb

On January 19, 2015 ACE Limited (ACE) completed its acquisition Chubb Corporation (CB). Investors received 0.6019 of ACE common shares and $62.93 in cash per share of Chubb. The wrinkle in the entering this transaction in PortCenter is that ACE adopted the Chubb name...