Ambac Financial Group Inc (OTCMKTS:ABKFQ) Gets a Resolution for Settlement
May 08, 2013 at 08:50 AM EDT
Las Vegas, NV -- (SBWIRE) -- 05/08/2013 -- Ambac Financial Group, Inc. (OTCMKTS:ABKFQ) has reached a settlement with Internal Revenue Serivce regarding tax claims. The Bankruptcy Court has approved Ambac’s entry into an amendment to existing tax sharing agreement with Ambac Assuarance Corp.