RE: RE: News: Stilwell Group has had enough! MARKET TALK: Stilwell May Nudge Kingsway In Right Direction 15:02 EST Wednesday, November 12, 2008 | |
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)