Dewey Reps Foresters In First Investors Acquisition

Law360, New York (September 21, 2010, 5:51 PM EDT) -- Canadian insurer The Independent Order of Foresters will acquire First Investors Consolidated Corp., a move it said would expand its reach into U.S. asset markets and give it significant national distribution.

The Toronto-based life insurance provider said Tuesday that the acquisition would allow Foresters to offer a broader array of financial products in the U.S and grow their membership.

The terms of the deal were not disclosed.

Upon completion of the transaction, Foresters will acquire a 100 percent ownership position in First Investors, including its registered...
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