Wednesday, February 08, 2006
Protective Life In $1.2B Acquisition
Alabama-based Protective Life Corp. is paying $1.165 billion to buy the life insurance businesses of JPMorgan Chase & Co.
After dividend payments and reinsurance transactions, the cost to PLC of the Illinois-based assets will be about $460 million, PLC said Wednesday. The deal should close in the third quarter.
Protective Life In $1.2B Acquisition
Source: UPI.com
After dividend payments and reinsurance transactions, the cost to PLC of the Illinois-based assets will be about $460 million, PLC said Wednesday. The deal should close in the third quarter.
Protective Life In $1.2B Acquisition
Source: UPI.com
Permalink posted by armandn @ 5:58 AM 
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