Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Life Health > Life Insurance

Holding Company Plans To Buy Arkansas Insurer

Your article was successfully shared with the contacts you provided.

Citizens Inc. has agreed to acquire Ozark National Life Insurance Company for $58.06 per share.

Ozark National, Little Rock, Ark., has 137,788 shares of capital stock outstanding, according to Citizens, Austin, Texas, an insurance holding company.

Ozark National primarily sells funeral insurance. At the end of 2007, it had $18.5 million in assets and annual premiums of $4 million.

The deal is subject to approval by Ozark National’s shareholders and by regulators.

Citizens hopes to complete the deal by Dec. 31.


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.