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Thursday, October 29, 2009|
Lincoln is 'On Track' to Finish Delaware Sale
Delaware Investments should be in the hands of its new owners in less than three months. On Wednesday, Lincoln Financial Group confirmed it is "on track to complete the Delaware Investments transaction at or around year-end." On August 19 the insurer revealed that it planned to sell Delaware, its asset management and mutual fund firm, to the Australian bank Macquarie Group for $428 million by year-end.
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