Printer Friendly

LEVINSON BROS., INC. ANNOUNCES AGREEMENT IN PRINCIPLE TO ACQUISITION BY POE & ASSOCIATES

 LEVINSON BROS., INC. ANNOUNCES AGREEMENT IN PRINCIPLE
 TO ACQUISITION BY POE & ASSOCIATES
 SAN FRANCISCO, July 23 /PRNewswire/ -- Bernard H. Mizel, Western Division president of Poe & Associates, Inc. (NASDAQ-NMS: POEA), of Tampa, Fla., and Fred Levinson, president of Levinson Bros., Inc of San Francisco, today announced that the two companies have agreed in principle to Levinson Bros. acquisition by Poe.
 Closing is expected within the next 60 days.
 Levinson Bros. is one of Northern California's premier commercial and property/casualty insurance agencies. The firm is an acknowledged leader in providing a wide range of insurance services to a broad spectrum of industries.
 William F. Poe, chairman and CEO of Poe, noted: "We are extremely pleased to have Levinson Bros. and its staff as an integral part of Poe." Fred Levinson will continue as president of Levinson Bros., Inc. which will operate as a wholly owned subsidiary of Poe & Associates.
 Fred Levinson stated that, "This merger provides us with a new, strong resource with which to even better serve current customers and assist us in entering new arenas."
 Mizel commented: "We are pleased to have Fred, Mort and David Levinson and their staff of insurance professionals as part of Poe's growing presence in California. The resources of this 36-year-old organization provide us with substantial new strength in this dynamic market."
 Poe & Associates, Inc., a general insurance agency headquartered in Tampa, is among the nation's leading independent insurance agency organizations. The company has offices throughout Florida, and in Arizona, California, Colorado, Connecticut, Georgia, New Jersey, North Carolina and Texas.
 -0- 7/23/92
 /CONTACT: Bernard H. Mizel, president - Western Retail Division of Poe & Associates, 415-442-0807/
 (POEA) CO: Poe & Associates, Inc.; Levinson Bros., Inc. ST: Florida, California IN: INS SU: TNM


BN-BR -- AT022 -- 2739 07/23/92 16:58 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jul 23, 1992
Words:296
Previous Article:POE & ASSOCIATES ANNOUNCES AGREEMENT IN PRINCIPLE TO ACQUIRE LEVINSON BROS., INC.
Next Article:KUHLMAN ANNOUNCES RECORD RESULTS FOR SECOND QUARTER AND FIRST SIX MONTHS
Topics:


Related Articles
POE & ASSOCIATES ANNOUNCES ACQUISITION OF UNDERWRITERS SERVICES
POE & ASSOCIATES, INC. ANNOUNCES ACQUISITION OF DEYO-FAWCETT INSURANCE SERVICES, INC.
POE & ASSOCIATES, INC. ELECTS SENIOR VICE PRESIDENT AND CHIEF FINANCIAL OFFICER
POE & ASSOCIATES, INC. ANNOUNCES QUARTERLY CASH DIVIDEND
POE & ASSOCIATES, INC. ANNOUNCES ACQUISITION OF GIBLON & CLAFFEY AGENCY, INC.
POE & ASSOCIATES, INC. ANNOUNCES THE ACQUISITION BY MERGER OF DWYER, LAMBERT & COMPANY
POE & ASSOCIATES ANNOUNCES AGREEMENT IN PRINCIPLE TO ACQUIRE LEVINSON BROS., INC.
MERGER CREATES THE SOUTHEAST'S LARGEST REGIONAL INSURANCE BROKER
POE & ASSOCIATES-BROWN & BROWN BOARDS APPROVE MERGER AGREEMENT
Poe & Brown, Inc. Announces the Acquisition of Anderson - Reeve & Associates, Inc., of Phoenix by Poe & Brown of Arizona, Inc.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters