NATIONAL SECURITY <NSIC.O> STAKE ACQUIRED
National Security Insurance Co said a
group of investors has acquired 226,243 common shares, or a
22.2 pct, interest, for 27.50 dlrs per share.
    The company said the acquisition of the portion of the
shares over a five pct interest is subject to approval by the
Alabama Department of Insurance.
    It said the sellers included Atlantic American Corp
<AAME.O>, Bankers Fidelity Life Insurance Co and Georgia
Casualty Insurance Co.
 Reuter
