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.

RADNOR, Penn. (WANE) A global investment firm is looking to acquire a 9.9 percent ownership stake in Lincoln Financial, which got its start in Fort Wayne. Bain Capital and Lincoln on Wednesday ...

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 ...

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 ...

Bain Capital and Lincoln Financial announced a long-term strategic partnership on April 9, according to a news release. As part of the 10-year non-exclusive partnership, Bain will acquire a 9.9% ...

No financial terms were disclosed. As part of the deal, Bain Capital will acquire a 9.9 percent stake in Lincoln Financial. Ellen Cooper serves as chairman, president and CEO of Lincoln Financial.

Lincoln Financial, a provider of retail life and annuity solutions and workplace benefits, has announced an investment of $825m from global investment firm Bain Capital. The parties have signed a ...