An approval letter can be written for a number of reasons. Some common uses for an approval letter are to give permission at work (vacation, expenditure, sick leave); to approve or endorse a building project; or, to approve finances or a loan. In general, if you are an employer with staff, or a creditor, or working on a council or some other government body, chances are you will need to know how to write a good approval letter. This means being aware of the writing style you should use for an approval letter, and using good proofreading software to make sure your letter is professional and communicative. All types of approval letter have some things in common: With these tips, you will be in a good position to write an effective approval letter. As well as following these tips, ensuring that your English writing is of a high standard with a rich vocabulary is essential. A quality grammar checking software is needed, as is a good spell checker. Below, we look at an example approval letter.
[6] SNI bought Consolidated National Life Insurance Co. in 1983. It began insurance operations in 1982 and became a public company in 1985. [ citation needed] In 1986 Conseco acquired Lincoln Income Life Insurance Company for $29 per share or $32. 3 mil. Shearson Lehman Brothers advised Lincoln Income Life Insurance. Earlier, in mid-1985, Lincoln had agreed to be acquired by I. C. H. [7] for $31 per share in cash but the merger couldn't be consummated as the Kentucky Department of Insurance raised objections to certain expenses which Lincoln would have incurred in the merger. Lincoln also received a merger proposal from Redgate in 1985. Satisfied with its recipe for acquiring and improving insurance companies, Conseco stepped up its acquisition efforts in 1986. It purchased Bankers National Life Insurance Company for $118 million, respectively. [ citation needed] In 1998, Conseco purchased the former Greentree Financial, one of the largest financiers of mobile homes, in an attempt to diversify into consumer financial services.
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