FBL Financial Group Completes Regulatory Approval Process for Proposed Transaction with Farm Bureau Property & Casualty Insurance Company

Apr 27, 2021

FBL Financial Group, Inc. (NYSE: FFG) (“FBL Financial Group” or “the Company”) today announced that it has received the necessary approvals from the Financial Industry Regulatory Authority ("FINRA") in relation to its proposed transaction with Farm Bureau Property & Casualty Insurance Company (“FBPCIC”), and that the proposed transaction has now received all regulatory approvals required for closing. Under the terms of the proposed transaction, FBPCIC would acquire all of the outstanding shares of FBL Financial Group Class A and Class B common stock, excluding shares owned by FBPCIC and the Iowa Farm Bureau Federation, for $56.00 per share in cash.

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