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Citigroup Receives 1st Round Of Bids For Primerica -Reuters
Last Update: 6/6/2008 12:32:38 PM
DOW JONES NEWSWIRES
Citigroup Inc. (C) has received its first round of bids for its Primerica unit,
Reuters reported Friday, citing sources. The unit has drawn interest from life
insurance and private equity companies. The value of the unit is about $7 billion
and a deal could come by the end of summer.
Web site: www.reuters.com
-Dow Jones Newswires; 201-938-5500
(END) Dow Jones Newswires
June 06, 2008 12:32 ET (16:32 GMT)
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