National Western and Prosperity Life Group Announce Expected Closing Date for $1.9 Billion Cash Merger
At the closing, SUSA will acquire National Western in an all-cash merger transaction valued at approximately
The transaction, which was unanimously approved by National Western's Board of Directors, was approved by the holders of a majority of the Company's outstanding shares at a special meeting held on
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For more information, please contact:
National Western: |
Prosperity Life Group Media Contact: |
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Tel: (512) 719-2493 |
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Email: bpribyl@nwlic.com |
Cautionary Notice Regarding Forward-Looking Statements
Except for historical information, all other information in this press release consists of forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements, and related oral statements the Company or SUSA may make, are subject to risks and uncertainties that could cause actual results to differ materially from those projected, anticipated or implied. For example, (1) the remaining conditions to the closing of the proposed transaction may not be satisfied and (2) events, changes or other circumstances could occur that could give rise to the termination of the previously-announced merger agreement providing for the transaction.
The foregoing review of important factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included herein and elsewhere, including the risk factors included in the Company's most recent Annual Report on Form 10-K and other documents of the Company and SUSA on file with the
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