“China Oceanwide Is ‘Progressing Well’ Toward Getting Deal Funding: Genworth”

China Oceanwide Is ‘Progressing Well’ Toward Getting Deal Funding: Genworth,” by Allison Bell, ThinkAdvisor

Quote:

“Genworth Financial said Monday that it’s going to keep moving forward with efforts to be acquired by China Oceanwide Holdings Group Co. Ltd., because it believes China Oceanwide has provided satisfactory information about its deal funding efforts.”

 

 

LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):

The saga continues.