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  1. (AFX UK Focus) 2008-11-03 14:30 UPDATE 1-GMAC sells reinsurance unit to Maiden Holdings (Interactive Investor)
    NEW YORK, Nov 3 (Reuters) - GMAC LLC, the money-losing finance company, has sold the reinsurance operations of its GMAC Insurance unit to Maiden Holdings Ltd, the Bermuda-based reinsurer said on Monday. Terms were not disclosed, but Maiden said that to help fund the transaction it plans to raise $260 million of equity from a rights offering to shareholders. Maiden said it will assume $750 ...
  2. Pension plans jeopardized by jolt - Financial Post
    Pension plans jeopardized by jolt Financial Post, Canada - 10 hours ago Options for these companies could include cutting medical or dental benefits or closing their plans to new employees. Cutting pension benefits, however, ...
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