Stancorp Trading Group Of Company Ltd
250 Royall Street, Canton, Massachusetts, United States | Zinc
StanCorp Financial Group, Inc., through its subsidiaries marketed as The Standard — Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, StanCorp Mortgage Investors, StanCorp Investment Advisers, StanCorp Real Estate and StanCorp Equities — is a leading provider of financial products and services. StanCorp’s subsidiaries offer group and individual disability insurance, group life and accidental death and dismemberment insurance, group dental and group vision insurance, absence management services, retirement plans products and services, individual annuities, and origination and servicing of fixed-rate commercial mortgage loans.
On March 7, 2016, StanCorp Financial Group, Inc. ('StanCorp') (NYSE ticker: SFG) announced completion of the acquisition of StanCorp by Meiji Yasuda Life Insurance Company ('Meiji Yasuda') in accordance with the previously announced Agreement and Plan of Merger dated July 23, 2015, among StanCorp, Meiji Yasuda and MYL Investments (Delaware) Inc.
As a result of the merger, each outstanding share of StanCorp's common stock has converted into the right to receive $115 per share in cash. StanCorp's stock has ceased trading and will be delisted from the New York Stock Exchange.
Important Information about Your Stock
No changes were made to insurance policies, annuities or retirement savings with Standard Insurance Company as a result of the merger of StanCorp Financial Group, Inc and Meiji Yasuda Life Insurance Company. The Standard's headquarters, operations, employees, management team, distribution channels and products are not impacted by this transaction.
Computershare Inc. has been appointed paying agent with respect to the StanCorp common stock. Shareholders who hold book entry shares (those shares which are held electronically or in non-paper form) will receive their proceeds automatically from Computershare.
Shareholders who hold stock certificates will receive a letter of transmittal from Computershare containing instructions on how their shares can be exchanged for payment of the merger consideration.
Company Details | |
---|---|
Company Name | Stancorp Trading Group Of Company Ltd |
Business Category | Zinc |
Address | 250 Royall Street Canton Massachusetts United States ZIP: 02021 |
President | NA |
Year Established | 2016 |
Employees | NA |
Memberships | NA |
Hours of Operation | NA |
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