Wednesday, September 2, 2015

Will Eagles play at Sun Life Field if Lincoln is sold?

Report: Lincoln National Corp. is a candidate for merger & acquisition, possibly by Canada-based Sun Life

Will Eagles play at Sun Life Field if Lincoln is sold?

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Lincoln National Corp., the Radnor-based life insurer and annuity sales company that pays for naming rights at the Eagles' Lincoln Financial Field, has worked itself into a position where it's too dependent on the ups and downs of the stock market - it was one of just three insurance companies that got rescued by the U.S. government's TARP bailouts - and that means it's a good candidate for getting sold, maybe to Sun Life Financial, the rival insurer headed by former Lincoln boss Jon Boscia, writes Sanford C. Bernstein research analyst Suneet Klamath. More in Wall St. Journal story here.

As my colleague Mike Armstrong reminds me, the Miami Dolphins already play in a Sun Life stadium.

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PhillyDeals posts drafts, transcripts and updates of Joseph N. DiStefano's columns and stories about Philly-area business, which he's been writing since 1989.

DiStefano studied economics, history and a little engineering at Penn and taught writing at St. Joseph's. He has written thousands of columns and articles for the Inquirer, Bloomberg and other media, wrote the book Comcasted, and raised six children with his wife, who is a saint.

Reach Joseph N. at JoeD@phillynews.com, distefano251@gmail.com, 215.854.5194 or 302.652.2004.

Reach Joseph N. at JoeD@phillynews.com or 215 854 5194.

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