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Asset Sales: MBIA to Sell 1838 Investment Advisors.
Publication: The Bond Buyer Publication Date: 30-MAR-04 Author: Chang, Helen
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COPYRIGHT 2004 SourceMedia, Inc.
MBIA Inc. yesterday agreed to sell the assets of its asset-management firm, 1838 Investment Advisors LLC, to the firm's management and an investor group led by Orca Bay Partners. In a statement, MBIA president Gary Dunton said the company has decided to focus on its fixed-income asset management business...
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