Locals react to St. Paul Companies merger

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St. Paul officials are breathing a sigh of relief that, for the moment at least, the new St. Paul Travelers Insurance company will be headquartered here. That decision was part of yesterday's Mon announcement of the merger of St. Paul Companies and Travelers insurance to create the nation's second largest business insurer. Analysts say the proposed merger buys the company some time in an environment where change is the order of the day. Minnesota Public Radio's Dan Olson reports.

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