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Stock impact report

Is MetLife (MET) One of the Best Insurance Stocks to Buy [Yahoo! Finance]

MetLife, Inc. (MET) 
Last metlife, inc. earnings: 2/5 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.metlife.com
Company Research Source: Yahoo! Finance
On March 10, MetLife Inc. (NYSE:MET) stated that it had been informed of Potemkin's unsolicited mini-tender offer to buy up to 10,000 shares of MetLife's common stock from its existing shareholders. This represents approximately 0.002% of the total outstanding shares of MetLife as of February 12. Copyright: bugtiger / 123RF Stock Photo The closing price of MetLife's common stock, which was $70.77 as of March 9, is nearly 27.09% more than the price of $51.60 per share that Potemkin is offering. Since the price being offered by Potemkin is less than the current market price of MetLife's common stock, MetLife is not supporting Potemkin's unsolicited mini-tender offer and is advising its shareholders not to take any steps with regard to it. Adam Gregor/Shutterstock.com Earlier on February 25, Elyse Greenspan from Wells Fargo reduced the firm's price target on MetLife Inc. (NYSE:MET) from $97 to $93, still resulting in a potential upside of almost 35% at the prevailing level. The Show less Read more
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