Insurance Giant Buys Out Cincinnati Women’s Home
A major insurance company has bought out a nonprofit home for struggling women in Cincinnati, Ohio, following a two-year battle over the home’s historic property in a beautiful downtown neighborhood.
In a deal announced Monday, Western & Southern Insurance Group bought the 104-year-old home of the Anna Louise Inn for $4 million.
In a joint news release, the company and the nonprofit say the women now living in the home will remain there for two years as a new facility for them is built. Once they move out of the neighborhood, Western & Southern will be able to accomplish its long-term goal of turning the old property into a boutique hotel.
The agreement ends a very public battle between the two that included protests, online video parodies and a court fight.
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