FBL Group special committee urges 'yes' vote on revamped takeover bid
A special committee of board members at FBL Financial Group has urged shareholders to back a move by the company’s minority owners, the Farm Bureau and the Iowa Farm Bureau Federation, to take the business private.
In January, the Farm Bureau agreed to up its offer for the business to $56.00 per share, an increase from an earlier offer of $47.00
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