News from Reuters:

Thu Mar 29, 2012 9:05am EDT

* Could sell for 10 times EBITDA, over $ 1 bln -sources

* Stone Point also selling Genex -sources

* Latest in line of insurance M&A deals

By Paritosh Bansal and Greg Roumeliotis

NEW YORK, March 29 (Reuters) – Cunningham Lindsey, an insurance claims management company controlled by buyout firm Stone Point Capital LLC, is up for sale and could fetch more than $ 1 billion, sources familiar with the situation said.

Bank of America Merrill Lynch is advising Cunningham Lindsey on the auction, the sources said, adding that the company is expected to draw in……….. continues on Reuters.

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