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Protective Life sold for $5.7 billion

One of Japan’s largest private insurers said Wednesday it will acquire all the outstanding shares of Alabama-based Protective Life, in a deal worth over $5.5 billion. http://online.wsj.com/articles/dai-ichi-to-buy-protective-life-for-5-7-billion-1401845147?mod=WSJ_hp_LEFTWhatsNewsCollection

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