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Stock impact report

Independent Proxy Advisory Firm Egan-Jones Joins Glass Lewis in Recommending that FBL Financial Group Shareholders Vote “FOR” Proposed Transaction with Farm Bureau Property & Casualty Insu...

FBL FINANCIAL GROUP (FFG) 
Last fbl financial group earnings: 2/6 04:15 pm Check Earnings Report
Company Research Source: Business Wire
Majority of Independent Proxy Advisory Firms Recommend Shareholders Vote FOR the Proposed Transaction WEST DES MOINES, Iowa--(BUSINESS WIRE)--FBL Financial Group, Inc. (NYSE: FFG) (“FBL Financial Group” or “the Company”) today announced that independent proxy advisory firm Egan-Jones Proxy Services (“Egan-Jones”) has recommended that FBL Financial Group’s shareholders vote “FOR” the previously announced definitive agreement pursuant to which Farm Bureau Property & Casualty Insurance Company (“FBPCIC”) will acquire all of the outstanding shares of FBL Financial Group Class A and Class B common stock, excluding shares owned by FBPCIC and the Iowa Farm Bureau Federation, for $56.00 per share in cash. Consistent with the recommendations from Egan-Jones and Glass Lewis & Co., the Special Committee of the Board of Directors of FBL Financial Group (the “Special Committee”) reiterated its unanimous support of the transaction.In its report, Egan-Jones notes that “the merger agreement repres Show less Read more
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