Brown & Brown posts higher Q1 revenue, plans to tap credit line
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Business Insurance - Apr 28, 2020
Brown & Brown Inc. late Monday reported 2020 first-quarter revenue of $698.5 million, up 12.8% from the year-earlier period, but said it would be drawing down $250 million on its existing revolving line of credit to strengthen liquidity and shore up against the COVID-19 fallout....
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