MetLife to Buy Travelers for $11.5 Bln

MetLife to Buy Travelers for $11.5 Bln: "The transaction will make MetLife's already dominant position in the U.S. individual life insurance market even larger and make it No. 2 in the annuities market behind Hartford Life Insurance Co.
For Citigroup, it is another step back from the concept of one-stop financial shopping -- combining insurance, brokerage and banking under one roof -- which it pioneered in the 1990s."