Delphi Financial (DFG) to Pay $1/Share Special Dividend on May 16th

May 15, 2012 3:19 PM EDT
Delphi Financial (NYSE: DFG) announced the closing of its Tokio Marine Holdings, Inc. will become effective at 5:30pm ET Tuesday.

Delphi holders of record immediately prior to the effective time of the merger will receive $1 per share in cash for each share of stock they own. The special dividend will be paid on May 16th.

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