Radian Group Signs Deal To Sell Its Title Operations To PLACE; Financial Terms Not Disclosed

Radian Group Inc.

RDN

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Radian Group Inc. (NYSE: RDN) today announced that it has completed the sale of its Real Estate Services business to PLACE, a real estate technology and services platform, and has also entered into a definitive agreement to sell its Title business to PLACE. The pending Title sale is subject to satisfaction of customary closing conditions, including obtaining required regulatory approvals, and is expected to be completed in the fourth quarter.

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