Morgan Stanley Maintains on Brown & Brown Following Purchase of Wright Insurance Group for $602M
January 17, 2014 at 08:50 AM EST
In a report published Friday, Morgan Stanley analyst Kai Pan maintained Equal-weight on Brown & Brown (NYSE: BRO ), following the company's move to acquire Wright Insurance Group for $602.5M. According to the report, BRO's move to acquire Wright Insurance Group for expects 9-10c EPS accretion. This is the
