Dec 29 (Reuters) - First Trinity Financial Corp said it bought First Life American Corp from Brooke Capital Corp, which filed for bankruptcy protection in October, for $2.5 million in cash.
In a regulatory filing, the company said the deal was funded entirely with cash on hand.
In July, First Trinity had agreed to pay $8 million for First Life, a unit of Brooke Capital, which filed for Chapter 11 bankruptcy protection before the deal closed.
On Dec. 9, First Trinity and the bankruptcy court-appointed trustee for Brooke amended the agreement and changed the purchase price to a fixed $2.5 million.
On Dec. 22, the bankruptcy court approved the sale of First Life, the filing said.

(Reporting by Santosh Nadgir in Bangalore; Editing by Deepak Kannan) Keywords: FIRSTTRINITY/ (santosh.nadgir@thomsonreuters.com; within U.S +1 646 223 8780; Outside U.S +91 080 4135 5800; Reuters messaging: santosh.nadgir.reuters.com@reuters.net)

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