A Midwestern Life and Annuity Issuer May Go Private
September 9, 2020 by Allison Bell
A property and casualty insurer that’s closely related to FBL Financial Group wants to help buy out the other shareholders and take FBL Financial private.
The P&C carrier, Farm Bureau Property & Casualty Insurance Company, said Friday that its board has offered to pay a total of $440 million, or $47 per share, for the shares of FBL Financial common stock that are not owned by Farm Bureau P&C or by the Iowa Farm Bureau Federation.
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Originally Posted at ThinkAdvisor on September 1, 2020 by Allison Bell.
Categories: Industry Articles