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Article: MetLife Announces Preliminary Results of Exchange Offer for Split-off of Reinsurance Group of America, Incorporated.(Financial report)

Article from:
Investment Weekly News
Article date:
October 4, 2008
Copyright

MetLife, Inc. (NYSE: MET) announced that, based on preliminary results, the previously announced offer to its stockholders to exchange all or some of their shares of MetLife common stock for 29,243,539 shares of class B common stock of Reinsurance Group of America, Incorporated (NYSE: RGA.B) was oversubscribed. The exchange offer was made in connection with the companies' June 2, 2008 announcement of MetLife's intent to split-off substantially all of its 52% interest in RGA. The exchange offer expired at 12:00 midnight (ET) at the end of the day on Thursday, September 11, 2008.

Based on a preliminary count by the exchange agent, BNY Mellon Shareowner Services, 253,284,912 ...

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