Does this mean Safeco Field will become Liberty Mutual Field?Liberty Mutual will buy Safeco Corp. for $6.12 billion in a deal to create the country's fifth-biggest property insurer.
Liberty Mutual, a privately owned insurer based in Boston, has offered $68.25 per share for Safeco, a 51 percent premium to yesterday's close.
Safeco, based in Seattle, sells $5.9 billion in insurance policies a year, while Liberty books annual premiums of more than $20 billion. - Boston Globe
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