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News Releases - Corporate News

  • 2/23/15 3:02 pm EST

    More entities to be named as part of a total five-year, $23 million commitment to the local community 

    Tokyo, Japan-based Dai-ichi Life Insurance Company, Limited (Dai-ichi) and Birmingham-based Protective Life Corporation (Protective) – whose formal merger was effective Feb. 1, 2015 – today announced the recipients of their initial $4 million of a total $23 million, five-year commitment in community gifts.The University of Alabama at Birmingham (UAB), in partnership with the Southern Research Institute, the University of Alabama’s Culverhouse College of Commerce and the Birmingham Botanicalmore...
  • 2/1/15 4:01 pm EST
    BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (NYSE: PL) (“Protective”) today announced the completion of the acquisition of Protective by The Dai-ichi Life Insurance Company, Limited (“Dai-ichi Life”) in accordance with the terms of the previously announced Agreement and Plan of Merger dated June 3, 2014, among Protective, Dai-ichi Life and DL Investment (Delaware), Inc., a wholly owned subsidiary of Dai-ichi Life. As a result of the merger, each outstandingmore...
  • 1/28/15 5:00 pm EST
    The Protective Life Foundation announced today that it awarded nearly $4 million in donations and grants in 2014. In 2014, through grant dollars and volunteer hours, the Foundation touched 247 organizations focused on a wide spectrum of services, from addressing health disparities and hunger to supporting education, the arts and robust community revitalization projects.  Large nonprofit anchors such as the Birmingham Civil Rights Institute, the Birmingham Zoo, the McWane Sciencemore...
  • 1/22/15 5:00 pm EST
    BIRMINGHAM, Ala. & TOKYO--(BUSINESS WIRE)--The Dai-ichi Life Insurance Company, Limited (TSE: 8750), (“Dai-ichi Life”) and Protective Life Corporation (NYSE: PL), (“Protective”) today announced that Dai-ichi has received all necessary approvals from regulatory authorities in the United States and Japan for the previously announced proposed acquisition of all of the outstanding shares of common stock of Protective Life Corporation pursuant to the Agreement and Plan of Merger entered intomore...
  • 12/15/14 9:04 am EST
    BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (NYSE: PL) (“Protective”) today announced that the transaction contemplated by the Agreement and Plan of Merger dated June 3, 2014, with Dai-ichi Life Insurance Company Limited (Dai-ichi), a kabushiki kaisha organized under the laws of Japan, and DL Investment (Delaware), Inc., a Delaware corporation and wholly owned subsidiary of Dai-ichi, continues to progress toward closing of the Merger in the ordinary course.more...

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