AMENDED AND RESTATED AGREEMENT AND PLAN OF MERGER BY AND AMONG PROVIDENT COMPANIES, INC. PATRIOT ACQUISITION CORPORATION and THE PAUL REVERE CORPORATION As of April 29, 1996 TABLE OF CONTENTSAgreement and Plan of Merger • November 14th, 1996 • Provident Companies Inc • Life insurance • Massachusetts
Text of the press release dated November 6, 1996, issued by Provident Companies, Inc. and Textron Inc. (attached)Agreement for Additional Capital • November 14th, 1996 • Provident Companies Inc • Life insurance
Providence, Rhode Island, and Chattanooga, Tennessee, November 6, 1996 -- Textron Inc. (NYSE: TXT) and Provident Companies, Inc. (NYSE: PVT) today jointly announced an agreement under which Textron would provide additional capital to its 83%-owned subsidiary, The Paul Revere Corporation (NYSE: PRL), and the companies will make certain other adjustments relating to Provident's pending acquisition of Paul Revere. The transaction is presently targeted to close early in the first quarter of 1997.
