Fidelity & Guaranty Life (FGL) announced Wednesday morning that it has agreed to be acquired by CF Corp. (CFCO) for $31.10 per share in cash.
Fidelity & Guaranty Life gapped open sharply higher Wednesday morning and is now up 1.88 at $30.58. The stock has jumped to a new high for the year.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.