Brighthouse Financial Stock Carries $70 Cash Tag, But Market Holds Back
Brighthouse Financial last traded at $62.40, 11% below Aquarian Capital’s $70-per-share cash offer. No new merger vote appeared in recent SEC filings, which listed only standard annual-meeting items. The deal’s spread reflects pending insurance regulatory approvals and a 2026 closing target. Brighthouse posted a first-quarter net loss of $792 million.