Abacus Life announced a definitive agreement to acquire Carlisle Management, for approximately $200M. The acquisition of Carlisle, with approximately $2B in assets under management, is aligned with Abacus’ continued expansion as a global asset manager. Carlisle shareholders will receive consideration in the form of $73.5M in par value of Abacus bonds and 9.3M Abacus common stock, which are subject to closing adjustments and certain performance thresholds. Transaction is subject to regulatory approval.
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