Transaction Fact Sheet AGREEMENT TO BE ACQUIRED BY DAI-ICHI LIFE FINANCIALLY COMPELLING FOR PROTECTIVE SHAREHOLDERS •• All-cash offer of $70 per share represents significant 34% premium over Protective’s unaffected closing price on 5/30/14 •• Delivers...Acquisition Agreement • June 4th, 2014 • Protective Life Corp • Life insurance
AGREEMENT AND PLAN OF MERGER AMONG THE DAI-ICHI LIFE INSURANCE COMPANY, LIMITED, DL INVESTMENT (DELAWARE), INC. AND PROTECTIVE LIFE CORPORATION DATED AS OF JUNE 3, 2014Merger Agreement • June 4th, 2014 • Protective Life Corp • Life insurance • Delaware
This AGREEMENT AND PLAN OF MERGER dated as of June 3, 2014 (this "Agreement") is made and entered into among The Dai-ichi Life Insurance Company, Limited, a kabushiki kaisha organized under the laws of Japan ("Dai-ichi"), DL Investment (Delaware), Inc., a Delaware corporation and wholly-owned subsidiary of Dai-ichi ("Merger Sub"), and Protective Life Corporation, a Delaware corporation ("Protective"). Dai-ichi, Merger Sub and Protective are referred to in this Agreement individually as a "Party" and collectively as the "Parties."
