Athene Annuity & Life Assurance To Acquire Presidential Life
July 26, 2012
SUMMARY:
Presidential Life Corp., a Delaware corporation, and Athene Holding, a Bermuda- based holding company, announced a definitive agreement for an Athene subsidiary to acquire Presidential Life for $14.00 per share in cash, representing an aggregate purchase price of approximately $415 million. Under the terms of the agreement, Presidential Life, which markets...
The full article is available at AnnuityNews.Com.
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