Delivered a letter at the close of June 26, to the board of directors of American Equity Investment Life Holding Company setting forth a proposal to acquire all of the outstanding shares of common stock of AEL not already owned by Brookfield Reinsurance for aggregate consideration of $55.00 per AEL share. Brookfield Reinsurance shares T.BNRE are trading up $0.76 at $42.46.
Stocks in play: Brookfield Reinsurance
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