Nationwide Mutual to buy Harleysville for $760M

Nationwide Insurance says it will cut or move 1,000 jobs, including 200 layoffs in its hometown here.

September 29, 2011 11:06:04 AM PDT
Nationwide Mutual Insurance Co. said Thursday it will acquire Harleysville Group Inc. for $760 million in cash to expand its footprint in the eastern U.S.