WASHINGTON NAT'L <WNT> BUYS UNITED PRESIDENTIAL
Washington National Corp's
Washington National Insurance Co said it bought the remaining
15 pct of United Presidential Corp's <UPCO> outstanding shares
at 19 dlrs a share cash.
    The acquisition of the shares is part of a plan of exchange
approved by United Presidential shareholders at a special
meeting March 6.
    The purchase of the remaining United Presidential stake
follows Washington National's buying 85 pct of United
Presidential in a 19 dlrs a share tender offer which terminated
December 12.
 Reuter
