Tuesday, November 24, 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?


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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About this blog

PhillyDeals posts interviews, drafts and updates that Joseph N. DiStefano writes alongside his Sunday and Monday columns and ongoing articles about Philadelphia-area business.

DiStefano studied economics, history and a little engineering at Penn. He taught writing and research at St. Joe’s. He has written for the Inquirer since 1989, except when he left a few times to work at Bloomberg and elsewhere. He wrote the book Comcasted, and raised six kids with his wife, who is a saint.

Reach Joseph N. at JoeD@phillynews.com, 215.854.5194, @PhillyJoeD. Read his blog posts at http://www.philly.com/PhillyDeals and his Inquirer columns at http://www.philly.com/philly/columnists/joseph-distefano/. Bloomberg posts his items at NH BLG_PHILLYDEAL.

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

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