Bottom-Fishing Bank Sets First Life Company Domino Teetering

Staples, Edward
January 2000
Advisor Today;Jan2000, Vol. 95 Issue 1, p22
Trade Publication
Deals with the bid of National Bancshares Corp. to acquire insurance company PennCorp Financial Group after the signing of the Gramm-Leach-Bliley Act, the financial modernization law in the United States. Tender offer of National Bancshares; Role of the mergers and acquisition efforts of PennCorp in business losses in 1998; List of the most likely insurance companies to be acquired in line with the signing of the financial modernization law.


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