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    • Proposed Athene-Presidential Deal Under Review

    August 14, 2012 by Maria Wood

    By Maria Wood

    July 16, 2012 •  

    Reaction from Friday’s announcement that Athene Annuity & Life Assurance Co. intends to acquire Presidential Life Corp. has filtered in and the reviews are far from positive. Three law firms have undertaken investigations of the proposed sale, and Fitch Ratings may downgrade Athene’s rating.

    On Friday, the two firms announced the $415-million, all-cash deal based on per share price of $14. Click here to read more…

    Originally Posted at LifeHealthPro on July 16, 2012 by Maria Wood.

    Categories: Industry Articles
    currency