Stone Point Buys GENEX

UnumProvident Corp. (NYSE: UNM) has agreed to sell subsidiary GENEX Services Inc. to a fund managed by Stone Point Capital. No financial terms were disclosed for the deal, which is expected to close by June. GENEX is a Wayne, Pa.-based provider of workers’ compensation and medical cost containment services. It was acquired by UnumProvident in 1997. www.unum.com www.genexservices.com