|Day's Range||41.590 - 41.770|
|52 Week Range||31.640 - 42.000|
|PE Ratio (TTM)||17.89|
|Dividend & Yield||1.00 (2.40%)|
|1y Target Est||N/A|
Less than a year as a public company, CF Corp. is snapping up Fidelity & Guaranty Life.
An acquisition company created by a former Blackstone Group partner and Fidelity National Financial’s chairman reached a deal to buy life insurance provider Fidelity & Guaranty Life in an all-cash deal ...
CF Corp, a blank check company founded by veteran dealmaker Chinh Chu, said on Wednesday it would buy U.S. annuities and life insurer Fidelity & Guaranty Life in an all-cash deal valued at about $1.84 billion. The deal comes a little over a month after FGL terminated its agreement to be acquired by China's Anbang Insurance Group Co Ltd for $1.6 billion. CF Corp's offer of $31.10 per share is at an 8.4 percent premium to FGL's Tuesday close of $28.70.