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Disposition
6 Months Ended
Jun. 30, 2016
Business Combinations [Abstract]  
Acquisitions and Dispositions
3. Disposition
In July 2016, MetLife, Inc. completed the sale to Massachusetts Mutual Life Insurance Company (“MassMutual”) of MetLife’s U.S. Retail advisor force and certain assets associated with the MetLife Premier Client Group, including all of the issued and outstanding shares of MetLife’s affiliated broker-dealer, MetLife Securities, Inc. (“MSI”), a wholly-owned subsidiary of MetLife, Inc. (collectively, the “U.S. Retail Advisor Force Divestiture”) for $280 million. MassMutual assumed all of the liabilities related to such assets and that arise or occur after the closing of the sale. The Company expects to record a gain of approximately $45 million, net of income tax, in the third quarter of 2016. Offsetting the gain will be certain charges that were recorded during the three months and six months ended June 30, 2016. See Notes 8 and 11.