Page 4 - பண்ணை பணியகம் ப்ராபர்டீ விபத்து காப்பீடு நிறுவனம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Large investor opposes FBL Financial Group’s bid to take company private Monday, March 8, 2021 2:59 PM One of FBL Financial Group’s largest shareholders, New York-based Capital Returns Management LLC, is contesting FBL’s proposed merger and buyout offer to take itself private, saying the share price it’s offering to its unaffiliated shareholders is “grossly inadequate and unfair.”   West Des Moines-based FBL Financial, which does business under its Farm Bureau brands, announced on Jan. 11 that it had reached a definitive agreement with its subsidiary Farm Bureau Property & Casualty Insurance Co. (FBPCIC) in which FBPCIC would acquire all of the outstanding shares of FBL Financial Group Class A and Class B common stock that neither FBPCIC nor the Iowa Farm Bureau Federation (IFBF) currently own for $56 per share in cash.

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