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Reuters: Ambac decides not to split in two - FT

Started by chris, March 04, 2008, 09:34:19 PM

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chris

Ambac decides not to split in two - FT
      


NEW YORK (Reuters) - Ambac Financial Group Inc , the second-biggest U.S. bond insurer, has decided against splitting in two as part of a $2 billion to $3 billion recapitalization, the Financial Times reported on Tuesday, citing insiders.
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