Buyout Analysis
A Seeking Alpha Article discusses the outlook for the deal. Oceanwide refiled so they have more time to screw around. It sounds like the buyout price might be lowered.
More Pain And Uncertainty For Genworth Shareholders
Thesis: Today's news of a delay in the Genworth (GNW)/China Oceanwide (HHRBF) deal sent shares down as much as 12% as investor fears of this deal were confirmed. As we have already seen, there is virtually no upside deal arbitrage as Genworth shareholders realize that China Oceanwide is still the only bidder for the company and has all the power in this situation.