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Stock Market & Financial Investment News

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March 26, 2013
15:11 EDTAXAHY, PLProtective Life may buy some U.S. assets from AXA in $1B deal, Reuters says
Protective Life (PL) leads in the competition to acquire some U.S. life insurance assets from AXA (AXAHY), according to Reuters, citing people familiar with the situation. The deal could value the assets near $1B, the report said. Reference Link
News For PL;AXAHY From The Last 14 Days
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January 27, 2015
17:51 EDTPLS&P announces changes to S&P MidCap 400, S&P SmallCap 600 indices
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17:21 EDTPLAkorn to replace Protective Life in S&P 400 as of 1/30 close
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10:00 EDTAXAHYOn the Fly: Analyst Upgrade Summary
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06:14 EDTAXAHYAXA upgraded to Overweight from Underweight at JPMorgan
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January 22, 2015
17:03 EDTPLProtective Life takeover by Dai-ichi Life Insurance gets regulatory approval
The Dai-ichi Life Insurance Company and Protective Life Corporation announced that Dai-ichi has received all necessary approvals from regulatory authorities in the U.S. and Japan for the previously announced proposed acquisition of all of the outstanding shares of common stock of Protective Life Corporation pursuant to the Agreement and Plan of Merger entered into on June 3, 2014. The parties to the Merger Agreement intend to close the acquisition transaction with an effective date of February 1, 2015. On the effective date, each outstanding share of Protective common stock will convert into the right to receive $70.00 in cash, without interest.

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