“Genworth and Oceanwide Extend Merger Agreement”

Genworth and Oceanwide Extend Merger Agreement,” Cision PRNewswire

 

Quote:

“Genworth Financial, Inc. (NYSE: GNW) and China Oceanwide Holdings Group Co. Ltd (Oceanwide) today announced they have agreed to a 13th waiver and agreement of each party’s right to terminate the previously announced merger agreement. The 13th waiver and agreement extends the previous deadline of December 31, 2019 to no later than March 31, 2020.”

 

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

Wishing Genworth Happy Holidays and a quick close.