Shareholders Endorse Merger with Jefferson-Pilot
PHILADELPHIA, March 20 - Lincoln National Corporation (NYSE: LNC), the parent company of the Lincoln Financial Group of companies, announced that its shareholders today voted in favor of issuing shares of Lincoln National Corporation common stock pursuant to the Agreement and Plan of Merger with Jefferson-Pilot Corporation. The issuance of shares was approved by approximately 98% of the shares voting on the matter in a special meeting and demonstrates strong support of the merger with Jefferson- Pilot. The merger is projected to close in early April 2006.
(Logo: http://www.newscom.com/cgi-bin/prnh/20050830/LFLOGO )
The company also announced that the Annual Meeting of Shareholders is scheduled for June 9, 2006.
Lincoln Financial Group is the marketing name for Lincoln National Corporation and its affiliates. With headquarters in Philadelphia, Lincoln Financial Group has consolidated assets of $125 billion as of December 31, 2005, and had annual consolidated revenues of $5.5 billion in 2005. Through its wealth accumulation, retirement income and wealth protection businesses, the company provides annuities, life insurance, 401(k) and 403(b) plans, savings plans, mutual funds, managed accounts, institutional investment, and comprehensive financial planning and advisory services. For more information please visit http://www.lfg.com.
