MetLife Confirms Discussions With MassMutual Regarding Potential Transaction
MetLife, Inc. (NYSE: MET) today confirmed that, pursuant to its plan to separate a substantial portion of its U.S. Retail segment, it is in discussions with MassMutual Financial Group regarding a possible transaction related to the MetLife Premier Client Group, its U.S. advisor force.
There can be no assurance that an agreement will be reached or that a transaction will be consummated.
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