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Best’s News & Research Service subscription required - September 29, 2016 03:43 PM (EDT)

MBIA Seeks to Raise $370 Million With Sale of UK Subsidiary to Assured Guaranty

MBIA Insurance Corp. agreed to sell its U.K. financial guaranty subsidiary to Assured Guaranty Corp. in a deal Assured Guaranty said will significantly increase its European portfolio. . . .

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