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Delphi Financial Group (DFG) to be acquired by Tokio Marine Holdings (TKOMY.PK) for $43.875 per...
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Wednesday, December 21, 2011, 3:24 AM ETDelphi Financial Group (DFG) to be acquired by Tokio Marine Holdings (TKOMY.PK) for $43.875 per Class A share and $52.875 per Class B share in cash, or a total of $2.7B including a special dividend. The deal is part of a larger trend of Japanese firms capitalizing on the strong yen to go shopping abroad, hoping to offset weak growth at home.
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