American Equity rejects $3.9 bln takeover bid from insurer Prosperity Life
Annuities provider American Equity Investment Life said on Tuesday it had rejected a $3.9 billion unsolicited takeover proposal from insurer Prosperity Life and its principal shareholder, activist...…
Dec 20 (Reuters) - Annuities provider American Equity
Investment Life said on Tuesday it had rejected a $3.9
billion unsolicited takeover proposal from insurer Prosperity
Life and its principal shareholder, activist investor Elliott
Investment Management.
(Reporting by Niket Nishant in Bengaluru; Editing by Shinjini
Ganguli)