MetLife Announces Preliminary Results of Exchange Offer for Split-Off of Reinsurance Group of America, Incorporated

MetLife, Inc. announced today that, based on preliminary results, the previously announced offer to its stockholders to exchange all or some of their shares of MetLife common stock for 29,243,539 shares of class B common stock of Reinsurance Group of America, Incorporated was oversubscribed. The exchange offer was made in connection with the companies’ June 2, 2008 announcement of MetLife’s intent to split-off substantially all of its 52% interest in RGA. The exchange offer expired at 12:00 midnight (ET) at the end of the day on Thursday, September 11, 2008.

MetLife Announces Preliminary Results of Exchange Offer for Split-Off of Reinsurance Group of America, Incorporated
Source: Yahoo! Finance
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