NU Online News Service, Sept. 26, 2003, 11:15 a.m. EDT – John Hancock Financial Services Inc., Boston, is in “advanced stages of negotiations” to be acquired by Manuflife Financial Corp, Toronto, according to a report in today’s Boston Globe.
Hancock chief executive, David D’Alessandro, has been boasting openly about his company’s financial strength, as if inviting bids, the Globe says.