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Corebridge and Equitable Announce $22 Billion All-Stock Merger Deal

Corebridge and Equitable have reached an agreement for an all-stock merger, valuing the combined firm at $22 billion.

26 Mar, 18:24 — 26 Mar, 18:24
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Sources

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FTVery High100d ago

Corebridge and Equitable tie-up goes for endurance more than flair

Unusually for a merger, the share prices of the two companies barely moved after the deal was announced

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Coverage Timeline

First report: seeking-alpha · 26 Mar, 10:03Full coverage: 2 · 8hWindow: 8h
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seeking-alpha26 Mar, 10:03First to report

Corebridge and Equitable strike all-stock merger deal valuing combined firm at $22B

8h later
FT26 Mar, 18:24Latest update

Corebridge and Equitable tie-up goes for endurance more than flair

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