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Allstate Life Insurance Co Sells All Shares Of Lincoln Benefit Life Company-Form 8-K


Monday, 22 Jul 2013 06:01am EDT 

Allstate Life Insurance Co reported in its Form 8-K that it has entered into a stock purchase agreement (the Purchase Agreement) with Resolution Life Holdings, Inc. (Resolution Life) and Resolution Life L.P. Pursuant to the terms of the Purchase Agreement, Resolution Life has agreed to acquire all of the shares of Allstate‚Äôs wholly owned subsidiary, Lincoln Benefit Life Company (Lincoln), for cash equal to $600 million, subject to adjustment as specified in the Purchase Agreement. 

Company Quote

0.055
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26 Dec 2014