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From Times Staff and Wire Reports
Kemper May Be Sold in Pieces: Kemper Corp. is considering the piecemeal sale of its insurance, mutual fund and brokerage divisions if it doesn’t find a buyer for the entire company by the end of the year, investment bankers and analysts said. Kemper is looking for a suitor after Conseco Inc. scuttled its $2.96-billion offer for the Long Grove, Ill., company. The company’s stock fell 18% this week, closing at 39 7/8.
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