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Hardworking arrow News arrow Business arrow Business arrow Mortgage insurer MGIC to buy Radian for $5.47 bln (Reuters)
Mortgage insurer MGIC to buy Radian for $5.47 bln (Reuters)
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Reuters - Mortgage insurer MGIC Investment plans to buy rival Radian Group Inc. for about $5.47 billion, the companies said on Tuesday, a move that will allow them to cut costs amid shrinking demand that has been hurt further by a slowing housing market.
Read more at: http://us.rd.yahoo.com/dailynews/rss/personalfinance/*http://news.yahoo.com/s/nm/20070206/bs_nm/mgic_radian_dc.
 
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