ALLSTATE CORP FILES (8-K) Disclosing Entry into a Material Definitive Agreement, Regulation FD Disclosure, Financial Statements and Exhibits
Item 1.01. Entry into a Material Definitive Agreement.
On
owned subsidiary of The
definitive Purchase and Sale Agreement (the "Purchase Agreement") with
Acquisition Co LLC
sell the Registrant's existing headquarters at 2675, 2700, 2755, 2775, and
Sanders Road
"Purchase Price"). The sale is expected to be completed in 2022, subject to (i)
the completion of due diligence, (ii) a Purchaser contingency relating to
governmental approvals with respect to the entitlements for the Property and
certain economic or tax incentives, and (iii) satisfaction of customary closing
conditions.
The foregoing description is qualified in its entirety by reference to the
Purchase Agreement, a copy of which is attached to this Current Report on Form
8-K as Exhibit 10.1 and is incorporated herein by reference.
Item 7.01. Regulation FD Disclosure.
The Registrant's press release dated
the Purchase Agreement, is attached hereto as Exhibit 99.1 and is incorporated
herein by reference. The press release is furnished and not filed, pursuant to
Instruction B.2 of Form 8-K.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits Exhibit No. Description 10.1 Purchase and Sale Agreement, dated November 26 , 2021, by and between Allstate Insurance Company and DPIF3 Acquisition Co LLC . 99.1 Registrant's press release dated November 29, 2021. 104 Cover Page Interactive Data File (formatted as inline XBRL).
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