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Article: American Mutual Holding Company and Indianapolis Life Insurance Company Complete Definitive Agreement.
- Article from:
- Business Wire
- Article date:
- February 21, 2000
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Business Editors
DES MOINES, Iowa--(BUSINESS WIRE)--Feb. 21, 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., a mutual life insurance company, announced today that they have signed a definitive agreement for the companies to combine their operations in connection with their respective demutualizations.
American Mutual Holding Company and Indianapolis Life (ILICo) have each commenced their demutualization processes. AMHC members will receive 17 million shares of the resulting publicly-traded ...