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Enterprising Investor

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Monday, 05/09/2016 12:54:37 PM

Monday, May 09, 2016 12:54:37 PM

Post# of 31
Price decline a function of regulatory delay (5/09/16)

The following comment appeared in the HRG Group, Inc. 2Q15 earnings announcement:

Elsewhere this quarter, FGL moved closer to completing its transaction with Anbang and received clearance from the Committee on Foreign Investment in the United States. FGL continues to make progress securing the remaining regulatory approvals and we expect FGL to close this transaction in the third quarter of calendar year 2016.


http://www.sec.gov/Archives/edgar/data/109177/000010917716000128/hrg-331201610xqmar31pressr.htm

"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International

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