Monday, October 10, 2005
Lincoln National Buying Jeff-Pilot
Lincoln National Corp. on Monday said it will buy Jefferson-Pilot Corp. for $7.5 billion, in one of the biggest acquisitions in the financial sector in months.
Philadelphia-based Lincoln National will emerge as one of the largest public life insurance companies, with a "broad, balanced product mix" of retirement income, fixed and variable-asset protection, accumulation and transfer products and other investment services, the companies said.
Lincoln National Buying Jeff-Pilot
Source: CBS MarketWatch
Philadelphia-based Lincoln National will emerge as one of the largest public life insurance companies, with a "broad, balanced product mix" of retirement income, fixed and variable-asset protection, accumulation and transfer products and other investment services, the companies said.
Lincoln National Buying Jeff-Pilot
Source: CBS MarketWatch