Ace Ltd. (NYSE: ACE) will acquire The Chubb Corp. (NYSE: CB) in a cash and stock deal valued at approximately $28.3 billion. Shares of Ace edged up 16 cents to $101.84 while Chubb stock leaped $25.83 to $120.97.
Ace to acquire Chubb
July 01, 2015 at 14:38 PM EDT