AMERICAN TRAVELLERS <ATVC> TO MAKE ACQUISITION
American Travellers Corp said
it has entered into an agreement to purchase ISL Life Insurance
Co of Dallas, a corporate shell with active licenses to operate
in 12 states, for about 400,000 dlrs.
    The company said closing is expected by late spring and
will result in American Travellers being licensed in seven new
states.
 Reuter
