NasdaqGS:BHFInsurance
Brighthouse Deal Wins Shareholder Backing But Valuation Signals Big Discount
Brighthouse Financial (NasdaqGS:BHF) stockholders have approved the company’s acquisition by Aquarian Holdings.
The vote took place at a special meeting of shareholders, clearing a key condition under the merger agreement.
This approval sets the stage for Brighthouse Financial to transition to new ownership, subject to remaining closing conditions and regulatory clearances.
Brighthouse Financial focuses on life insurance and annuity products, areas that continue to draw attention from...