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CF Corp to acquire Fidelity & Guaranty Life for about $1.84 bln

May 24 Blank check company CF Corp said it would acquire U.S. annuities and life insurer Fidelity & Guaranty Life in an all-cash deal valued at about $1.84 billion.

CF Corp's offer of $31.10 per share is at a 8.4 percent premium to FGL's Tuesday close of $28.70.

(Reporting by Sruthi Shankar in Bengaluru; Editing by Martina D'Couto)

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