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The acquisition of American Life Insurance Company (ALICO) will cost MetLife some 6.8 billion dollars in cash and another 8.7 billion dollars in equity securities, MetLife said in a statement.The Israelis and Palestinians finally agreed to put themselves back into an unwieldy process to end the decades-old Middle East feud after a 15-month hiatus.
The development marked the first time for the two Middle East neighbors to conduct peace negotiations since U.S cheap coach purses . President Barack Obama and Prime Minister Benjamin Netanyahu took office in early 2009. |