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Keyword: mony

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  • French finance company to buy MONY Group

    09/18/2003 1:13:04 PM PDT · by Behind Liberal Lines · 4 replies · 362+ views
    Copyright 2003 syracuse.com. All Rights Reserved ^ | Thursday, September 18, 2003 | By Tim Knauss
    SYRACUSE, NY--The MONY Group, a financial services company with about 750 employees in downtown Syracuse, will be sold for $1.5 billion to AXA Financial, the U.S. subsidiary of French finance company AXA Group, the companies said Wednesday. It's too soon to say how the sale will affect Syracuse employees, because the deal is not expected to close until the first quarter of next year, said E.P. Rogers, MONY's senior vice president and chief information officer in Syracuse. Rogers said the Syracuse operation's strong record bodes well for its future in the integration with AXA Financial. Syracuse has 90 percent of...