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Jefferson-Pilot Sale To Lincoln National Official
April 4, 2006 at 6:54 AM (PT)
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LINCOLN NATIONAL CORP. has closed on its purchase of JEFFERSON-PILOT CORP. for $7.5 billion and thus enters the broadcasting business with J-P's 18 radio and three TV stations. JEFFERSON-PILOT COMMUNICATIONS has the new name of LINCOLN FINANCIAL MEDIA but remains based in GREENSBORO.

