28.11.2008 - LandAmerica files for bankruptcy, sells businesses
From Reuters: LandAmerica Financial Group Inc filed for Chapter 11 bankruptcy protection on Wednesday and agreed to sell its largest underwriting businesses to Fidelity National Financial Inc, which withdrew a takeover bid for the title insurer last week. The New York Stock Exchange said it suspended trading of LandAmerica shares. The shares, which peaked at more than $106 last June, plunged to 20 cents in electronic trade..... Full Article: Source
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