Extract
Ambac Postpones Its Efforts to Launch Everspan.
NEW YORK -- Ambac Financial Group, Inc. (NYSE: ABK) ("Ambac" or the "Company") today announced that it has postponed its efforts to launch Everspan Financial Guarantee Corp. (Everspan). It will, however, continue to focus on its ongoing loss mitigation efforts and other new business initiatives.
Ambac had been seeking to launch Everspan in order to write financial guarantee insuran...See the full content of this document
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