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Lincoln National opens Coastal Financial office in L.A.
Lincoln National Corp. announced today that it has opened a new Los Angeles office to help it sell more Lincoln Financial Group life insurance products to small-business owners and high-net-worth individuals on the West Coast.
Lincoln Financial completes sale of Delaware Management to Aussie outfit
Lincoln Financial Group said Monday that its Delaware Management Holdings Inc. unit has been acquired by Macquarie Group in a $452 million cash deal.
Delaware Management sold; is Columbia next to go?
One big deal is on the books — and another is in the process of being finalized — a sign that merger and acquisition activity continues to accelerate in the money management industry.
Moody’s: VA issues weigh on some insurers
Although improving financial markets have helped lift some life insurance carriers, the firms still have a ways to go before they recover fully, according to a report from Moody's Investors Service.
Lincoln National prices offer at $15 per share
Lincoln National, which markets itself as Lincoln Financial Group, will raise about $600 million from the stock offer.
Lincoln National to accept government funds
The company, which markets itself under the name Lincoln Financial Group, said it will accept as much as $950 million in capital as part of the government's $700 billion TARP program.
