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Jun. 23, 2014, 11:47 AM
Nov. 15, 2012, 5:59 AMApollo Global Management (APO) and Guggenheim Partners are reportedly in the lead in a combined bid to acquire Aviva's (AV) U.S. life insurance and annuities unit, which is expected to be sold at a "substantial discount" to its book value of £2.4B, excluding debt. Also in the hunt is Philip Falcone's Harbinger Group (HRG). | Comment!
Nov. 5, 2012, 3:49 PMExco Resources' (XCO +2.4%) partnership deal with Harbinger (HRG +4%) gives XCO temporary relief under the company’s debt covenants, but sets an "upper bound” for XCO's valuation, Jefferies says. The fields with which XCO is parting tend to produce more oil and gas liquids and have longer productive lives than the rest of its wells, "supporting our view that shares are overvalued." | Comment!
HRG vs. ETF Alternatives
HRG Group Incis a diversified holding company. It provides consumer products including batteries, personal care products, household appliances, pet supplies, and home & garden pest control products, as well as life insurance and annuity products.
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