NU Online News Service, April 16, 2004, 12:15 p.m. EDT – BenefitMall Inc., Dallas, a broker services company, has agreed to acquire Group One Source from a unit of Lincoln National Corp., Philadelphia.[@@]
Group One Source is the benefits marketing arm of Lincoln National’s Lincoln Financial Advisors Corp.
Group One distributes health insurance, dental insurance, stop-loss coverage and other products and services for companies such as Humana Inc., Louisville, Ky.; MetLife Inc., New York; Hartford Financial Services Group Inc., Hartford; and the Transamerica Worksite Marketing unit of AEGON N.V., The Hague, Netherlands.
The price of the deal is not available, but BenefitMall says the deal should close within 30 days.