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Primus Guaranty Agrees to Block Trade
November 25, 2008
Primus Guaranty, Ltd. (NYSE:PRS) (the “Company”) today announced that it agreed to purchase approximately 3.2 million shares of its common stock in a privately negotiated transaction, which is expected to settle on December 1, 2008. The Company agreed to pay $.70 per share for a total cost of approximately $2.2 million.