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FBL Financial sets April 29 for special shareholder meeting


Shareholders of FBL Financial Group will meet in late April for a special meeting to vote whether to adopt a merger plan that would take the company private. The West Des Moines-based insurance holding company’s stock is currently traded on the New York Stock Exchange. On Wednesday, FBL filed a definitive proxy statement with the U.S. Securities and Exchange Commission listing the special meeting date of April 29 at 8 a.m. at its West Des Moines headquarters. FBL announced in January a definitive agreement with its subsidiary Farm Bureau Property & Casualty Insurance Co. in which the latter would acquire all of the outstanding shares of FBL Financial Group Class A and Class B common stock not already owned by FBPCIC or the Iowa Farm Bureau Federation. One of FBL Financial Group’s largest shareholders, New York-based Capital Returns Management LLC, is contesting FBL’s proposed merger and buyout offer.

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