American Financial closes sale of Charleston Harbor Resort & Marina, expects $125 million pretax gain - AFG News | RalliesAmerican Financial closes sale of Charleston Harbor Resort & Marina, expects $125 million pretax gain
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AFG• Sale closed and gain expected
- American Financial Group closed the sale of Charleston Harbor Resort & Marina.
- Core operating earnings expected at about USD 125 million, subject to final cost accounting and customary closing adjustments.
- The asset was owned 50-50 with Great American Insurance; the gain is expected to be reported as net investment income.
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