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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Prudential Financial Inc | NYSE:PRU | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -0.5668 | -0.48% | 118.3132 | 119.70 | 118.6896 | 119.53 | 1,138,736 | 00:48:43 |
From May 2019 to May 2024
By Colin Kellaher
Prudential Financial Inc. (PRU) on Thursday said it agreed to buy Assurance IQ Inc., a direct-to-consumer platform for health and financial wellness solutions, for an initial $2.35 billion.
Newark, N.J.-based Prudential said the deal includes an additional earnout of up to $1.15 billion in cash and equity, contingent on multi-year growth objectives.
The financial-services company said it will use a combination of cash on hand, debt financing and equity to fund the acquisition, which it expects to complete early in the fourth quarter.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
September 05, 2019 07:12 ET (11:12 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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