PHILADELPHIA, April 9 /PRNewswire-FirstCall/ -- Radian Group Inc.
(NYSE: RDN) today announced that its 2006 Annual Report is available on the
company's website at
http://www.radian.biz/investors/financial/corporate.aspx, and has been
mailed to stockholders. An archive of the company's Annual Reports can be
found at http://www.radian.biz > Investors > Financial Information > Radian Group
Inc. > Annual Reports.
The 2006 Annual Report on Form 10-K for the year ended December 31,
2006, and other documents filed by Radian with the SEC can also be found in
the Investors section of Radian's website at
http://www.ir.radian.biz/phoenix.zhtml?c=112301&p=irol-sec. Printed hard
copies of the Report are available free of charge by sending a written
request to Investor Relations, Radian Group Inc., 1601 Market Street,
Philadelphia, Pennsylvania 19103.
Hart-Scott-Rodino Waiting Period Expires
The company also announced today that one requirement for its proposed
merger with MGIC was completed last week. Radian and MGIC each filed a
notice in March with the U.S. Federal Trade Commission and the U.S.
Department of Justice to satisfy the filing requirements under the
Hart-Scott-Rodino Act. This began a 30-day waiting period which expired on
Thursday, April 5.
With this development, Radian and MGIC currently anticipate completing
the merger late in the third quarter or early in the fourth quarter of
2007. To do this, both Radian and MGIC must obtain stockholder approval as
well as additional regulatory approvals, although there can be no assurance
that these approvals will be obtained, or that the deal will close as
anticipated.
About Radian
Radian Group Inc. is a global credit risk management company
headquartered in Philadelphia with significant operations in New York and
London. Radian develops innovative financial solutions by applying its core
mortgage credit risk expertise and structured finance capabilities to the
credit enhancement needs of the capital markets worldwide, primarily
through credit insurance products. The company also provides credit
enhancement for public finance and other corporate and consumer assets on
both a direct and reinsurance basis and holds strategic interests in active
credit-based consumer asset businesses. Additional information may be found
at http://www.radian.biz.
Additional Information about the Radian/MGIC Transaction
MGIC Investment Corporation ("MGIC") and Radian Group Inc. ("Radian")
have filed a joint proxy statement/prospectus and other relevant documents
concerning the MGIC/Radian merger transaction with the United States
Securities and Exchange Commission (the "SEC"). STOCKHOLDERS ARE URGED TO
READ THE JOINT PROXY STATEMENT/PROSPECTUS AND ANY OTHER DOCUMENTS FILED
WITH THE SEC IN CONNECTION WITH THE MERGER TRANSACTION OR INCORPORATED BY
REFERENCE IN THE PROXY STATEMENT/PROSPECTUS BECAUSE THEY CONTAIN IMPORTANT
INFORMATION. Investors may obtain these documents free of charge at the
SEC's website (http://www.sec.gov). In addition, documents filed with the
SEC by MGIC are available free of charge by contacting Investor Relations
at MGIC Investment Corporation, 250 East Kilbourn Avenue, Milwaukee, WI
53202. Documents filed with the SEC by Radian are available free of charge
by calling Investor Relations at (215) 231-1486.
Radian and MGIC and their respective directors and executive officers,
certain members of management and other employees are participants in the
solicitation of proxies from Radian stockholders and MGIC stockholders with
respect to the proposed merger transaction. Information regarding the
directors and executive officers of Radian and MGIC and the interests of
such participants are included in the joint proxy statement/prospectus
filed with the SEC which relates to the merger transaction, Radian's 2007
annual meeting of stockholders and MGIC's 2007 annual meeting of
stockholders-and in the other relevant documents filed with the SEC.
SOURCE Radian Group Inc.
 back to top
Related links:
http://www.radian.biz
http://www.radian.biz/investors/financial/corporate.aspx
CONTACT:
Investors, Mona Zeehandelaar,
+1-215-231-1674, or mona.zeehandelaar@radian.biz; Media, Michelle
Davidson, +1-215-231-1325, or +1-215-260-6760 (cell), or
michelle.davidson@radian.biz, or Courtney Robinson,
+1-215-231-1762, or +1-215-629-6880 (cell), or
courtney.robinson@radian.biz
|
