Influential shareholder proxy firm ISS has recommended shareholders in FBL Financial Group (FBL) reject the board-approved $56 a share cash offer from Farm Bureau Property & Casualty Insurance Company (FBPCIC) as it highlighted a “suboptimal process” and “uncompelling valuation”, The Insurer can reveal.
For details on how to subscribe or for all commercial opportunities, including advertising, please contact:
Tel: +44 (0) 203 934 6687
Tel: +44 (0) 203 934 6684
Subscribers get access to: