Monday, December 19, 2005

 

JP-Lincoln shareholder vote awaits regulators' OK

Officials with Jefferson-Pilot Corp. and Lincoln National Corp. are preparing to announce a schedule for shareholder votes on their proposed merger, pending approvals from a variety of state and federal regulators.

Lincoln National filed a preliminary registration statement with the Securities and Exchange Commission Dec. 8 outlining its plan to issue more than 113 million shares of common stock to Jefferson-Pilot shareholders as part of the $7.5 billion merger between the two companies announced Oct. 11.

JP-Lincoln shareholder vote awaits regulators' OK
Source: Biz Journal

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