Oct 8 (Reuters) - Radian Group Inc:
* Adopts tax benefit preservation plan designed to preserve use of net
operating losses
* Says declared a dividend of one preferred share purchase right for each
outstanding share of its common stock
* Board declared dividend of one preferred share purchase right for each
outstanding share of common stock
* Sets trigger of 4.90 percent
* Says rights are not currently exercisable and initially will trade only with
the common stock
* Says issuance of the rights will not affect Radian's reported earnings per
share
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Adopts tax benefit preservation plan designed to preserve use of net
operating losses
* Says declared a dividend of one preferred share purchase right for each
outstanding share of its common stock
* Board declared dividend of one preferred share purchase right for each
outstanding share of common stock
* Sets trigger of 4.90 percent
* Says rights are not currently exercisable and initially will trade only with
the common stock
* Says issuance of the rights will not affect Radian's reported earnings per
share
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
