MacArthur’s former company purchased for $1.33 billion

Onex Corp. (OCX), Canada’s largest buyout firm, agreed to buy York Risk Services Group Inc. from ABRY Partners LLC in a deal valued at $1.33 billion, boosting its holdings in the insurance business, according to Bloomberg News.

York is the former company of CD3 Republican candidate Tom MacArthur, who detached himself from York some time ago.

Bloomberg’s story is here. MacArthur’s former company purchased for $1.33 billion