Oct, 1 PRNewswire / AsiaNet INSURANCE MERGER... TORONTO: Manulife Financial Corporation and John Hancock Financial Services, Inc. announced that their Boards of Directors have each unanimously agreed to a tax-free, stock-for-stock merger of the companies, valued at Cdn$34.7 billion (US$25.6 billion) based on closing stock prices on September 24, 2003. Under the terms of the merger, John Hancock common shareholders will receive 1.1853 Manulife common shares for each John Hancock common share,
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