Locke Lord Steers Torchmark's $219M Insurer Acquisition
Torchmark will acquire Family Heritage Life Insurance Co. of America in an all-cash transaction, the insurance holding company said. Torchmark will fund the transaction with cash from its insurance subsidiaries.
The deal is expected to close early in the fourth quarter of this year. Torchmark said the acquisition of Family Heritage will be immediately accretive to the...
To view the full article, register now.