Monday October 6, 5:35 pm ET ST. LOUIS--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (“RGA”) (NYSE: ) today announced that its Board of Directors has authorized and will recommend that the holders of Class A common stock and Class B common stock approve a proposal to convert Class B common stock into Class A common stock on a one-for-one basis, pursuant to the existing conversion terms contained in RGA’s articles of incorporation. The conversion proposal will require the affirmative vote of the holders of a majority of Class A common stock and the holders of a majority of Class B common stock, represented in person or by proxy at a special meeting of RGA shareholders. The Board of Directors has established a record date of October 17, 2008 and scheduled the special meeting of shareholders on November 25, 2008,...
[read full story]