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Non-Tech : Conseco Insurance (CNO) -- Ignore unavailable to you. Want to Upgrade?


To: John Carragher who wrote (758)6/30/1998 5:09:00 PM
From: John Carragher  Read Replies (1) | Respond to of 4155
 
CARMEL, Ind. -- Conseco Inc. (CNC) completed its purchase of Green
Tree Financial Corp. (GNT) for about $6 billion in stock.

In a press release, Conseco said the shareholders of both companies
approved the transaction earlier Tuesday.

As reported in The Wall Street Journal in April, Conseco agreed to buy
Green Tree in a stock swap transaction valued at $45.02 a share.

NYSE-listed shares of Conseco were trading up Tuesday 3/8, or 0.8%, at
$47 11/16 on volume of 912,700 shares. Average daily volume is
1,518,970 shares.

NYSE-listed shares of Green Tree were trading down 1/8, or 0.3%, at $43
1/2 on volume of 598,100 shares. Average daily volume is 1,391,420
shares.