TITLE

Deal Could Mean Return of Radian

AUTHOR(S)
McGee, Patrick
PUB. DATE
February 2011
SOURCE
Investment Dealers' Digest;2/4/2011, Vol. 77 Issue 5, p9
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the significance of the 82 million dollars acquisition of Municipal and Infrastructure Assurance Corp. by Radian Asset Assurance Inc. in the U.S. It states that the acquisition may signal the return of Radian Asset Assurance Inc. to the bond insurance industry and mark the end of Macquarie Group's ill-timed attempt to enter the business. It emphasizes that the initiative aims to reduce its financial guaranty exposure.
ACCESSION #
58603225

 

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