Skip to main content
Bristol-Myers Squibb to shift pension liabilities to annuity
12/4/2018

Bristol-Myers Squibb said it plans to move $3.8 billion of pension liabilities off its books through a combination of lump-sum distributions and the purchase of a group annuity. Once the distributions are completed, all remaining liabilities will be transferred to a group annuity purchased from Athene.

Full Story: