An investigation on behalf of investors of American National Group, Inc. (NASDAQ:ANAT) in connection with the proposed takeover was announced.

San Diego, CA -- (SBWire) -- 08/31/2021 --The takeover of American National Group, Inc. is under investigation concerning whether the takeover of American National Group, Inc. is unfair to NASDAQ: ANAT stockholders.

Investors who purchased shares of American National Group, Inc. (NASDAQ: ANAT) and currently hold any of those NASDAQ: ANAT shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain directors of American National Group, Inc. breached their fiduciary duties owed to NASDAQ: ANAT investors in connection with the proposed acquisition.

Galveston, TX based American National Group, Inc. provides life insurance, annuities, property and casualty insurance, health insurance, credit insurance, and pension products in the United States, the District of Columbia, and Puerto Rico.

On Aug. 9, 2021, American National Group, Inc. (NASDAQ: ANAT), and Brookfield Asset Management Reinsurance Partners Ltd. (NYSE: BAMR; TSX:BAMR) announced they have entered into a merger agreement whereby Brookfield Reinsurance will acquire American National in an all-cash transaction valued at approximately $5.1 billion.

As part of the agreement, each issued and outstanding share of American National common stock will be converted into the right to receive $190.00 in cash at closing of the merger.

However, given that shares of American National Group, Inc. (NASDAQ: ANAT) are trading high as $1914.40 per share in the open market on August 25, 2021, the investigation concerns whether the offer is unfair to NASDAQ: ANAT stockholders. More specifically, the investigation concerns whether the American National Group Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.

Those who are current investors in American National Group, Inc. (NASDAQ: ANAT) shares have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.