First Capital Holdings will buy Fidelity Bankers Life. - Los Angeles Times
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First Capital Holdings will buy Fidelity Bankers Life.

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First Capital Holdings reported that it has executed a definitive agreement to acquire 100% of Fidelity Bankers Life Insurance of Richmond, Va., from Monarch Capital for $75 million in cash. The acquisition, subject to regulatory approvals, is expected to close in early October.

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