Dec 11 (Reuters) - E-L Financial Corporation Ltd ELF.TO :
* Solidifies long-term interest in Empire Life
* To purchase Guardian Assurance Limited's 19% share of holding company E L
Financial Services Limited-
* Transaction will close next week, at a purchase price of approximately book
value, or C$200 million
* As a result of this agreement, E L Financial-will own 100% of ELFS, which
owns 98.3% of the Empire Life Insurance Co
* Source text for Eikon
* Further company coverage ELF.TO