WEST DES MOINES, Iowa–(Business WIRE)–Apr 7, 2021–
FBL Economical Team, Inc. (NYSE: FFG) (“FBL Money Group” or “the Company”) these days submitted a presentation with regards to the beforehand introduced transaction pursuant to which Farm Bureau House & Casualty Insurance plan Firm (“FBPCIC”) will purchase all of the excellent shares of FBL Fiscal Team Class A and Course B popular stock, excluding shares owned by FBPCIC and the Iowa Farm Bureau Federation, for $56.00 for every share in funds.
The presentation highlights the sturdy and unanimous check out of the Special Committee of the Board of Administrators of the Organization (the “Special Committee”) that this is the correct transaction, at the ideal selling price, at the correct time, and offers unaffiliated shareholders with a sizeable money high quality as properly as particular and fast benefit. The presentation was submitted with the SEC and can be accessed on the Trader Relations section of FBL Economic Group’s site at https://www.fblfinancial.com/investor-relations or specifically on the SEC’s web site.
The associates of the Exclusive Committee advocate that their fellow shareholders vote “ FOR ” the transaction on the WHITE proxy card right now. If shareholders have issues about how to vote their shares, promptly call the Company’s proxy solicitor, Okapi Companions, at (877) 629-6357 or at [email protected].
About FBL Money Group
FBL Monetary Group is a keeping organization with the reason to protect livelihoods and futures. Working underneath the purchaser brand name name Farm Bureau Fiscal Companies, its affiliate marketers supply a broad array of daily life insurance policies, annuity and financial investment products dispersed by multiline unique Farm Bureau agents. Encouraging entire the financial companies presenting, advisors give prosperity management and economical arranging solutions. In addition, FBL Economic Team manages all elements of two Farm Bureau affiliated property-casualty insurance policy companies for a management charge. Headquartered in West Des Moines, Iowa, FBL Fiscal Group is traded on the New York Stock Trade below the symbol FFG. For extra facts, remember to stop by www.fblfinancial.com and www.fbfs.com.
Ahead-Seeking Statements
Some of the statements in this letter are ahead-on the lookout statements (or forward-hunting data). When we use terms this sort of as “anticipate,” “intend,” “plan,” “seek,” “believe,” “may,” “could,” “will,” “should,” “would,” “could,” “estimate,” “continue,” “predict,” “potential,” “project,” “expect,” or similar expressions, we do so to identify ahead-looking statements. Forward-wanting statements are centered on current anticipations that entail assumptions that are tricky or unachievable to forecast accurately and several of which are over and above our command, which includes common economic and sector ailments, business ailments, operational and other components. Genuine final results may well vary materially from these expressed or implied in these statements as a consequence of considerable risks and uncertainties, like, but not minimal to, the incidence of any party, modify or other circumstances that could give rise to the termination of the merger arrangement the incapacity to get the requisite shareholder approval for the proposed transaction or the failure to fulfill other disorders to completion of the proposed transaction the hazard that shareholder litigation in connection with the proposed transaction may end result in considerable prices of defense, indemnification and legal responsibility pitfalls that the proposed transaction disrupts current strategies and operations the capability to identify the gains of the transaction the amount of the expenses, charges, and charges and charges associated to the transaction transform in fascination rates alterations in guidelines and polices discrepancies amongst actual claims expertise and underwriting assumptions interactions with Farm Bureau organizations the means to catch the attention of and retain revenue agents adverse outcomes from litigation the effects of the COVID-19 pandemic and any foreseeable future pandemics and the influence and outcomes of the contested solicitation by Capital Returns Management, LLC. Extra info about these hazards and uncertainties, as properly as some others that may well induce real benefits to differ materially from all those projected, is contained in FBL Monetary Group’s filings with the SEC, such as FBL Financial Group’s Yearly Report on Sort 10-K and FBL Financial Group’s quarterly studies on Kind 10-Q. The statements in this communication converse only as of the date of this interaction and we undertake no obligation or intention to update or revise any forward-looking statement, irrespective of whether as a final result of new information and facts, improvements in assumptions, potential developments or in any other case, except as may well be required by legislation.
Extra Info and Where to Uncover It
In link with the proposed transaction, FBL Money Group has filed with the SEC a definitive proxy statement on Routine 14A and a Agenda 13e-3 Transaction Assertion, and may perhaps file other paperwork with the SEC with regards to the proposed transaction. This interaction is not a substitute for the definitive proxy assertion or any other document that FBL Economical Group may well file with the SEC. Investors IN, AND Security HOLDERS OF, FBL Monetary Team ARE URGED TO Read THE DEFINITIVE PROXY Assertion AND ANY OTHER Appropriate Documents THAT ARE Submitted OR WILL BE Submitted WITH THE SEC, AS Perfectly AS ANY AMENDMENTS OR Health supplements TO THESE Files, Carefully AND IN THEIR ENTIRETY Simply because THEY Comprise OR WILL Consist of Important Data ABOUT THE PROPOSED TRANSACTION AND Associated Matters. Investors and security holders may perhaps get free of charge copies of the definitive proxy statement and accompanying WHITE proxy card, any amendments or nutritional supplements to the proxy assertion and other documents submitted with the SEC by FBL Economic Group via the web internet site managed by the SEC at www.sec.gov or by getting in touch with the men and women detailed underneath.
Make contact with: FBL Financial Team:
Bryan Locke and Lindsay Molk
Vice President Corporate & Trader Relations
Search term: UNITED STATES NORTH The us IOWA
Field Search phrase: Specialist Providers Coverage FINANCE
Source: FBL Economical Team, Inc.
Copyright Business Wire 2021.
PUB: 04/07/2021 05:24 PM/DISC: 04/07/2021 05:24 PM
Copyright Company Wire 2021.
