Citizens Inc. to acquire Mid-American's Life Insurers. (Companies).As part of its growth strategy to reach $1 billion in assets by 2010, Citizens Inc. said it has agreed to acquire the outstanding shares of Mid-American Alliance Corp. for shares of Citizens' Class A common stock. Mid-American is the parent company of life insurers Mid-American Century Life Insurance Co. in Missouri Missouri, state, United States Missouri (mĭz  r`ē, –ə), one of the midwestern states of the United States. and Security Alliance Insurance
Co. in Arkansas Arkansas, river, United StatesArkansas (ärkăn`zəs, är`kənsô'), river, c.1,450 mi (2,330 km) long, rising in the Rocky Mts., central Colo. . The transaction, which is subject to approval by Mid-American's shareholders and regulators, is valued at about $8.2 million. The transaction's price makes the acquisition profitable for Citizens, said spokesman Joel Joel, book of the Bible Joel, prophetic book of the Bible. It is a collection of the oracles of an otherwise unknown prophet, dated variously from the 9th to the 3d cent. B.C., though a date in c.400 B.C. is likely. Mathis Firms
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