Life insurance provider Hartford Life Private Placement of Florham Park, a subsidiary of Hartford Life Inc. of Hartford, Conn., announced on Dec. 6 it has been sold to Philadelphia Financial Group of Philadelphia, which provides insurance strategies to advisers of high net worth individuals, for $117.5 million.
WKDN Radio Sold for $22.5M
Merlin Media of New York City, a radio operator and entertainment company, announced on Dec. 6 that it paid $22.5 million for Christian radio station WKDN in Camden from Family Stations Inc., a network of Christian radio stations in Oakland, Calif.
Thorlabs Acquires DVC Co.
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