|Bid||60.38 x 800|
|Ask||60.48 x 800|
|Day's range||60.29 - 61.69|
|52-week range||52.91 - 74.00|
|Beta (5Y monthly)||0.81|
|PE ratio (TTM)||28.00|
|Forward dividend & yield||0.41 (0.70%)|
|Ex-dividend date||09 Aug 2022|
|1y target est||N/A|
Arthur J. Gallagher & Co.'s (AJG) pending buyout of M&T Insurance Agency is likely to help the acquirer expand in New York. Also, AJG will become the preferred insurance broking partner of M&T Bank.
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Brown & Brown's (BRO) buyout of Smithwick & Mariners will boost the acquirer's capabilities to serve the marine industry while Smithwick & Mariners will be able to leverage BRO's compelling portfolio.