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Article: American Mutual Holding Company and Indianapolis Life Insurance Company Announce Merger Plan.
- Article from:
- Business Wire
- Article date:
- January 12, 2000
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Business Editors
DES MOINES, Iowa--(BUSINESS WIRE)--Jan. 12, 2000
American Mutual Holding Co. (AMHC), a mutual insurance holding company, AmerUs Life Holdings, Inc. (NYSE: AMH), a publicly traded subsidiary of AMHC, and Indianapolis Life Insurance Co. (ILICo), a mutual life insurance company, announced today that they have agreed to terms for a merger.
AMHC will proceed with its previously announced demutualization and also merge with ILICo. As part of that merger, ILICo will demutualize. As a result of these transactions, the members of ILICo will receive 11.25 million shares of the resulting publicly traded company. The current members of ...