Mortgage insurers call off $5.5bn merger - FT

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Mortgage insurers call off $5.5bn merger - FT

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Mortgage insurers call off $5.5bn merger - FT

Published by kidmercuryblog
09-05-2007

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Mortgage insurers call off $5.5bn merger - FT

The all-stock merger of MGIC Investment and Radian, initially valued at $5.5bn, was called off after the two US mortgage insurers claimed that market conditions in their industry had become too challenging

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