Philly insurer pays a premium for J-P.
| Position | TRIAD |
Philadelphia-based Lincoln National is buying Greensboro-based insurer Jefferson-Pilot for $7.5 billion in cash and stock. If the deal closes as planned in the first quarter of 2006, Greensboro will lose one of its two Fortune 500 headquarters--apparel maker VF is the other--as well as one of the state's oldest big businesses. Jefferson-Pilot started in 1892 as Security Life and Annuity. J-P CEO Dennis...
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