RADNOR, Pa.--(BUSINESS WIRE)--Lincoln Financial (NYSE: LNC) today announced an $825 million strategic growth investment from Bain Capital, a leading global investment firm. Bain Capital will ...

Lincoln Financial is selling part of the company to private equity firm Bain Capital as part of a bigger strategic partnership, writes Jeff Blumenthal for the Philadelphia Business Journal.

Under the terms of the agreement, Bain Capital will purchase approximately 18.8 million shares of Lincoln’s common stock at $44 per share, representing a 25% premium to the company’s 30-day ...

Lincoln Financial (NYSE: LNC) announced an $825 million strategic growth investment from Bain Capital, a global investment firm. Bain Capital will acquire a 9.9% stake in Lincoln Financial ...