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May. 5, 2008 at 11:04am Court approves sale of Western UnitedThurston County Superior Court has approved the sale of Western United Life Assurance Co. to Global Life Holdings LLC for a new projected purchase price of $55 million. "I'm very pleased that we reached an agreement and that the court approved the sale," said Insurance Commissioner Mike Kreidler. "We have an increased purchase price that's in the best interest of everyone involved, and we avoid a potentially lengthy and expensive legal battle." The comments function of the Business Examiner community is meant to encourage conversations and spark ideas about business issues in the South Sound. The feature is free and open to members of the public who register basic log in information. Comments should be concise, on topic and avoid attacks, profanity or abusive language or content. Comments that are deemed to violate this policy will be removed. |