Protective to Acquire MONY and Reinsure Certain Policies of MLOA for $1.06 Billion

Document Sample
Protective to Acquire MONY and Reinsure Certain Policies of MLOA for $1.06 Billion Powered By Docstoc
					
				
DOCUMENT INFO
Shared By:
Tags:
Stats:
views:1
posted:4/11/2013
language:Japanese
pages:3
Description: BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (NYSE: PL) (“Protective”) today announced that its principal subsidiary, Protective Life Insurance Company (“Protective Life”), has signed an agreement with certain subsidiaries of AXA SA (NYSE Euronext Paris:CS) (“AXA”) to acquire MONY Life Insurance Company (“MONY”) and reinsure certain policies of MONY Life Insurance Company of America (“MLOA”). Assuming a closing date of October 1, 2013, the purchase price paid to AXA is estimate /
EON: Enhanced Online News EON: Enhanced Online News http://eon.businesswire.com
About At EON: Enhanced Online News, we show you how to make your online press release thrive. If you want to drive traffic to your website, generate sales leads, make an announcement, or promote a new product, EON: Enhanced Online News delivers the online visibility that you need. EON: Enhanced Online News powered by Business Wire.