Houlihan Lokey Advises FGL Holdings
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We served as financial advisor to the special committee of the board of directors of FGL Holdings, a provider of annuity and life insurance products, in connection with its $2.7 billion cash and stock sale to approximately 8% stockholder Fidelity National Financial, Inc. The purchase price reflected a nearly 25% premium to FGL Holdings’ three-day VWAP prior to announcement of the transaction.
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