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-0.0161001788908765 0.00178890876565298 0.000894454382826552 0.00114490161001789 -0.00178890876565285 1.27109612837227E-16 0.00178890876565298 1.27109612837227E-16
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Fidelity & Guaranty Life Provides Update On Its Review Of Strategic Alternatives

FIDELITY & GUARANTY LIFE (FGL)  More Company Research Source: PR Newswire
Last fidelity & guaranty life earnings: 11/15 04:15 pm Check Earnings Report
US:NYSE Investor Relations: fidelity.com
PDF DES MOINES, Iowa, April 17, 2017 /PRNewswire/ -- Fidelity & Guaranty Life ("FGL" or the "Company"; NYSE: FGL) today announced updates on its review of strategic alternatives.  FGL has terminated its merger agreement with Anbang Insurance Group (the "Merger Agreement").  The Company's Board of Directors is continuing to evaluate strategic alternatives to maximize shareholder value and has received interest from a number of parties. As permitted under the February 9, 2017 amendment to the Merger Agreement, FGL has been exploring and negotiating strategic alternatives with other parties. The Company was not permitted to enter into a definitive agreement with a third party while the Merger Agreement was in effect, but as a result of the termination of the Merger Agreement, FGL has no remaining obligations under the Merger Agreement and may enter into an alternative transaction."We have determined that it is no longer in the best interests of FGL's shareholders to c [Read more]

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