AEL’s stock jump 15% after company confirms $55 a share offer from Brookfield Reinsurance

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The stock of American Equity Investment Life Holding Co. jumped 15% premarket Tuesday, after the West Des Moines, Iowa-based annuity provider confirmed it...

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.

 

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