Cox pulls out of Highway takeover talks
Shares of Highway Insurance Holdings fell by as much as 10% after Cox Insurance Holdings said talks to buy the motor insurer had ended because it wasn't in the "best interests" of Cox's shareholders.
Shares in highway were down four pence to 34.75p at 08:10 in London. Shares of Cox declined by up to 1.9% to 79p.Cox had first announced it was in talks over an all-share merger when it announced its
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