Great American Financial Resources, Inc. Board Elects Additional Director
16 3월 2007 - 10:59PM
Business Wire
Great American Financial Resources, Inc. ("GAFRI") (NYSE:GFR)
announced today that its Board of Directors had elected L. Thomas
Hiltz as a director of GAFRI. Mr. Hiltz was also appointed a member
of the Special Committee of independent directors, to serve with
Ronald G. Joseph and Joseph P. Tomain, to consider the unsolicited
proposal from American Financial Group, Inc. (�AFG�) to acquire all
the shares of GAFRI common stock not owned by AFG. Mr. Hiltz is a
private attorney and serves as a member of the Board of Directors
of Applied Industrial Technologies, Inc. (NYSE:AIT) and a member of
the Board of numerous charitable organizations. About GAFRI GAFRI
is a Cincinnati-based insurance holding company with $13 billion in
assets. The Company's subsidiaries include Great American Life
Insurance Company, Annuity Investors Life Insurance Company,
Central Reserve Life Insurance Company, Continental General
Insurance Company, United Teacher Associates Insurance Company and
Loyal American Life Insurance Company. Through these companies,
GAFRI markets traditional fixed, indexed and variable annuities and
a variety of supplemental insurance products.
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