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The pending purchase of Farm Family Holdings Inc. by a Texas company is expected to result in few changes at the Glenmont insurer, except possible expansion.
Farm Family (NYSE: FFH) said Oct. 31 that it had reached an acquisition agreement with American National Insurance Co. of Galveston, Texas. American National (Nasdaq: ANAT) will pay $44 in cash for each share of Farm Family common stock and $35.72 in cash for each share of...