Deals of the Day-Mergers and acquisitions
SPY•Mergers and acquisitions reported by 1330 GMT
July 23 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Thursday:
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Horace Mann Educators has agreed to acquire Medical Mutual of Ohio's employee assistance provider and individual supplemental platform, as well as reinsure its group life and disability business, in three transactions with a total net purchase price of $240 million.
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USA Rare Earth finalized a deal to buy a minority stake in France's Carester that will provide funds for expansion of a processing plant due to open later this year.
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Matador Resources said it would buy privately held Paloma Permian from EnCap Investments for about $1.28 billion, adding high-quality drilling assets in the oil-rich Delaware Basin.
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