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MGIC Investment Expects to Receive $375 Million Extraordinary Dividend From Subsidiary.

Publication: PR Newswire
Publication Date: 26-MAY-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
MILWAUKEE, May 26 /PRNewswire-FirstCall/ -- MGIC Investment Corporation announced today it expects the Board of Directors of its Mortgage Guaranty Insurance Corporation subsidiary ("MGIC") to declare an extraordinary $375 million dividend to be paid to MGIC Investment. The Office of the Commissioner of Insurance of Wisconsin has advised MGIC...

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