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MassMutual to buy The Hartford’s retirement business

Massachusetts Mutual Life Insurance Co. has agreed to buy The Hartfords retirement plans business for $400 million.

By Paula Aven Gladych | Updated on September 05, 2012

Massachusetts Mutual Life Insurance Co. has agreed to buy The Hartford’s retirement plans business for $400 million, helping push MassMutual’s retirement plan assets to nearly $120 billion.

The transaction is expected to close by the end of 2012.

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