National Western and Prosperity Life Group Announce Expected Closing Date for $1.9 Billion Cash Merger

Provided By PR Newswire

Last update: Jul 3, 2024

AUSTIN, Texas, July 3, 2024 /PRNewswire/ -- National Western Life Group, Inc. ("National Western" or the "Company") (NASDAQ: NWLI), and Prosperity Life Group ("Prosperity Life Group") today announced that the previously announced acquisition of National Western by Prosperity Life Group company S. USA Life Insurance Company, Inc. ("SUSA") has received all required regulatory approvals. As a result, the transaction is expected to close no later than Thursday, July 11, 2024.