The stock of American Equity Investment Life Holding Co. AEL jumped 15% premarket Tuesday, after the West Des Moines, Iowa-based annuity provider confirmed it has received a $55 per share offer from Brookfield Reinsurance Ltd. BAM The offer is comprised of $38.85 a share in cash and $16.15 a share in Brookfield stock. AEL stock closed at $45.10 on Monday. With 77.
The stock of American Equity Investment Life Holding Co. AEL jumped 15% premarket Tuesday, after the West Des Moines, Iowa-based annuity provider confirmed it has received a $55 per share offer from Brookfield Reinsurance Ltd. BAM The offer is comprised of $38.85 a share in cash and $16.15 a share in Brookfield stock. AEL stock closed at $45.10 on Monday. With 77.