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Citigroup Global reports 7.2% stake in Ambac Financial
By E. Janene Geiss
Philadelphia, Feb. 9 - Citigroup Global Markets Inc. reported an investment of 7.2% in Ambac Financial Group, Inc. as of Dec. 31, according to an SC 13G filing with the Securities and Exchange Commission.
The holdings represent a passive stake of 21,154,033 shares.
Ambac Financial is a New York-based bond insurer.
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