Thursday, April 06, 2006

 

Lincoln Acquisition Could Squeeze Advisors

Lincoln Financial completed its $7.5 billion acquisition of Jefferson-Pilot on Monday, creating one of the largest life insurers in the U.S. The Philadelphia insurance broker/dealer paid $1.8 billion in cash, with rest of purchase price coming in the form of its common stock.

Lincoln Acquisition Could Squeeze Advisors
Source: Insurance News Net

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