Court troubles delay China Oceanwide purchase of Genworth Financial

Genworth Financial can’t shut the door on being purchased by one of China’s largest companies just yet, as it faces two possible class action lawsuit from disgruntled shareholders and customers. At the time of the announcement, Genworth noted that the transaction is subject to approval by its stockholders as well as other closing conditions. http://www.housingwire.com/articles/39130-court-troubles-delay-china-oceanwide-purchase-of-genworth-financial ❤️ #share #mortgage

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