TRAVELERS GROUP: WEILL BUILT Do what you know. Do it well. And do it cheap. That's the formula Sanford I. Weill used when he took over a troubled Travelers in 1993. Combining it with his healthy Primerica, he turned the resulting Travelers Group into the top performer in financial services. Weill has pursued his now well-known strategy of shedding laggards, cutting costs, and making acquisitions. His latest buy: Travelers' 1996 purchase of Aetna's property and casualty business, giving Travelers powerhouse status.

Updated June 15, 1997 by bwwebmaster
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