Symetra Financial Files $575M IPO

[Parsad]

Joint venture between Berkshire and White Mountains, Symetra Financial, plans to raise up to $575M.  Cheers!

 

http://www.rttnews.com/Content/BreakingNews.aspx?Id=1085462&Category=Breaking%20News&SimRec=1&Node=

[mpauls]

I tried to get in on this 3-4 years ago.                           

[Partner24]

members of the original investor group that formed Symetra by acquiring a group of life insurance and investment companies from Safeco Corp. in August 2004 may participate in this offering as selling stockholders.

 

Well, suffice it to say that I will let you guess on wich side of the transaction table I prefer to be (on the Berkshire side or the opposite side).

 

Cheers!