Markets & Finance

U.K. Firm Buying American General

Posted on March 11, 2001

U.K.-based Prudential PLC (PUK

) agreed to buy American General (AGC

) for 3.6622 Prudential shares per American General share, subject to a collar.

SPX Corp. (SPW

) will buy United Dominion (UDI

) for 0.2353 SPX Corp. share per United Dominion share.

Roy F. Weston (WSTNA

) agreed to go private on the basis of $5.02 cash per share.

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