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Synopsis
Osaic, one of the nation's largest providers of wealth management solutions, completed the acquisition of Lincoln Wealth, the wealth management division of Lincoln National, an insurance company. Financial terms were not disclosed. “Lincoln is focused on continuing to execute on our enterprise strategic pillars, leverage our core strengths to grow our individual insurance solutions and workplace solutions businesses, and deliver long-term value for all of our stakeholders,” Ellen Cooper, Lincoln Financial Group Chairman, President and CEO.
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