Marsh & McLennan president and CEO buys shares

By Associated Press May 16, 2008 Comments (0)

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The president and chief executive of insurance broker Marsh & McLennan Cos. bought 40,000 shares of common stock, according to a filing with the Securities and Exchange Commission.

In a Form 4 filed with the SEC Thursday, Brian Duperreault reported buying the shares on Wednesday for $28.15 apiece.

Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.

Marsh & McLennan is based in New York.

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