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Workers become millionaires in sale of employee-owned Philadelphia insurance company

Graham Co. is sold to a national company, and its 215 worker-owners will split most of an estimated $375 million payout.

Graham Co. employees assemble at an off-site banquet hall. The company announced to 215 staff in July that the company would be sold to Marsh McLennan for an estimated $375 million, and most of the proceeds directed to their retirement accounts.// PHOTO by Monica Picciau of Philip Gabriel Photography
Graham Co. employees assemble at an off-site banquet hall. The company announced to 215 staff in July that the company would be sold to Marsh McLennan for an estimated $375 million, and most of the proceeds directed to their retirement accounts.// PHOTO by Monica Picciau of Philip Gabriel PhotographyRead moreGraham Photography
    by Joseph N. DiStefano
    Published