“Genworth, China Oceanwide Push Deal Deadline Back,” by Allison Bell, ThinkAdvisor 

 

Quote:

“Genworth Financial Inc. and China Oceanwide Holdings Group Co. Ltd. today announced they have extended their merger negotiations agreement to Dec. 31. … China Oceanwide has been trying to acquire Genworth since October 2016. The companies said they now have received most of the regulatory approvals they need to consummate the $2.7 billion deal.”

LTC Comment:

Déjà vu all over again.