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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
August 30, 2010 at 08:00 PM
Shares of a northeastern insurer rose more than 8% Friday on news the company might be a takeover target, according to a published report.
Shares of Lincoln National Corp., Radnor, Pa., closed at $23.73 on Friday, a 10% gain. The stock price rise follows speculation, described in a MarketWatch Inc. article published Friday, that the Manufacturers Life Insurance Co., Toronto, is seeking to acquire the company.
Manulife’s shares also rose 3.4% on Friday, closing at $11.43.
Manulife Financial offered to buy Lincoln National for $32 per share, according to MarketWatch. Spokespersons at Lincoln National and Manulife declined to comment, says MarketWatch.
Manulife owns John Hancock Financial Services Inc., Boston, which it purchased in 2004 for nearly $11 billion in stock.
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