ISS advises FBL shareholders to reject $1.4bn Farm Bureau offer
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ISS advises FBL shareholders to reject $1.4bn Farm Bureau offer

FBL financial group boardroom.jpg

Proxy shareholder advisory firm Institutional Shareholder Services (ISS) has recommended that shareholders in FBL Financial Group reject the offer from Farm Bureau to take the business private.

Minority shareholder Farm Bureau offered to pay $56 per share to buy out the company in January, upping a previous offer of $47, and valuing the business at $1.4bn.


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