Farm Bureau raises FBL Group merger offer to $61 per share
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Farm Bureau raises FBL Group merger offer to $61 per share

John Hewitt Jones
May 03, 2021
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Farm Bureau Property and Casualty Insurance Company has amended its offer to purchase FBL Financial Group, raising the purchase price to $61, from the previously agreed $56-per-share figure.

Under the revised agreement, Farm Bureau will in total pay about $575mn in cash for the business. The two companies have agreed to change a prior definitive merger agreement from January 11 this year.

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