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HANOVER INSURANCE ANNOUNCES POSSIBLE CITIZENS INSURANCE STOCK OFFERING

 WORCESTER, Mass., Nov. 18 ~PRNewswire~ -- The executive committ ee of the board of directors of Hanover Insurance Company yesterday authorized management to explore the possibility of a public offering of up to 20 percent of the outstanding shares of common stock of Hanover's wholly owned subsidiary, Citizens Insurance Company of America. The offering will be made only by means of a prospectus.
 -0- 11~18~92
 ~CONTACT: Michael Buckley, Hanover Insurance Company director, public information, 508-855-3099~


CO: Hanover Insurance Co. ST: Massachusetts IN: INS SU:

TM -- NE002 -- 2174 11~18~92 08:40 EST
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Publication:PR Newswire
Date:Nov 18, 1992
Words:94
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