Merger and Acquisitions Stock Stories to Invite Scrutiny

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MetLife (NYSE:MET): Current price $37.56

MetLife enters an agreement with BBVA through which to purchase the largest private pension fund administrator in Chile, AFP Provida. Under the agreement, MetLife will conduct a public cash tender offer for all of the outstanding shares of Provida and BBVA will transfer its 64.3 percent stake to MetLife. The purchase price should be around $2 billion.


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