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Kingsway Financial Services Inc KFS

Kingsway Financial Services Inc. is a holding company that owns or controls subsidiaries primarily in the extended warranty and business services industries. Its segments include Extended Warranty and Kingsway Search Xcelerator. It serves the extended warranty industry through its subsidiaries, IWS Acquisition Corporation (IWS), Penn Warranty, Preferred Warranties and Trinity Warranty Solutions. IWS is a licensed motor vehicle service agreement company and is a provider of after-market vehicle protection services distributed by credit unions in approximately 24 states and the District of Columbia to their members, with customers in all 50 states. It serves the business services industry through its subsidiaries, CSuite Financial Partners, LLC (CSuite), Ravix Group, Inc., Secure Nursing Service, SPI Software, Digital Diagnostics, Inc., and Image Solutions LLC. CSuite is a professional services firm that provides experienced chief financial officers and other finance professionals.


NYSE:KFS - Post by User

Comment by copler_anadoluon Nov 24, 2008 6:08pm
476 Views
Post# 15607493

RE: RE: News: Stilwell Group has had enough!

RE: RE: News: Stilwell Group has had enough!
MARKET TALK: Stilwell May Nudge Kingsway In Right Direction

15:02 EST Wednesday, November 12, 2008
Print this article
   Edited by John Shipman
Of DOW JONES NEWSWIRES

(call: 201 938 5171; e-mail:john.shipman@dowjones.com)

MARKET TALK can be found using N/DJMT

3:02 (Dow Jones) Kingsway Financial (KFS) shareholders likely to lend asympathetic ear to The Stilwell Group, says BMO Capital Markets. Stilwell, whichowns 8% of KFS shares, has asked for special meeting to replace two boardmembers, including CFO Shaun Jackson, with two of its nominees. Given KFS'srecent troubles, and valuation of shares, BMO says the move could bring a "creative approach to unlocking value at KFS." Shares off 3.4% to$5.36. (MAG)

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