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Financial Planning > Behavioral Finance

MONY Schedules Vote On AXA Offer

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NU Online News Service, Jan. 9, 2004, 1:14 p.m. EST – The MONY Group Inc., New York, has scheduled a special stockholder meeting for 9:30 a.m. Feb. 24 at the New York Marriott Marquis Hotel, 1535 Broadway, New York.[@@]

MONY is asking stockholders to vote at the meeting on the $1.5 billion acquisition proposal from AXA Financial, a unit of AXA S.A., Paris.

MONY executives say AXA Financial has offered a fair price for MONY, but some investors say the deal price is too low.


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