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Fidelity & Guaranty Life (FGL) Has Jumped To A New High After Merger

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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