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Thursday, February 16, 2012

Ambac Financial Reschedules Voting Deadline and Plan Objection Deadline

Ambac Financial Group, Inc. (OTC: ABKFQ) ("Ambac Financial") announced today that, in order to give it additional time to negotiate a final settlement of its dispute with the Department of the Treasury – Internal Revenue Service, the voting deadline relating to the Second Amended Plan of Reorganization of Ambac Financial dated September 30, 2011 (the "Plan") has been extended to February 29, 2012 at 5:00 p.m. (prevailing Pacific Time) and the Plan objection deadline h...continued
 

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