American financial group, inc. announces closing of the sale of its annuity businesses and declares special dividend

Cincinnati--(business wire)--american financial group, inc. (nyse: afg) announced today the closing of the sale of its annuity businesses, consisting of great american life insurance company (galic) and its two insurance subsidiaries, annuity investors life insurance company and manhattan national life insurance company, as well as a broker-dealer affiliate, great american advisors, inc., and insurance distributor, aag insurance agency, inc. to massachusetts mutual life insurance company (massm
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