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MetLife, which completed the deal on November 1, 2010, paid approximately $7.2 billion in cash and $9.0 billion in MetLife equity and other securities. [ 129 ] [ 130 ] The securities portion of the deal consisted of 78.2 million shares of MetLife common stock, 6.9 million shares of contingent convertible preferred stock and 40 million equity ...
In 2018, MetLife divested its remaining interest through a debt-for-equity exchange with four financial institutions that owned MetLife debt. [ 4 ] Headquartered in Charlotte, North Carolina , the company began selling annuity and life insurance under the Brighthouse Financial brand on March 6, 2017.
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Accel (formerly known as the ACCEL/Exchange Network) is a North American interbank network owned by Fiserv.It connects over 412,000 automatic teller machines (ATMs) in all 50 states in the United States.