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Ares, Blackstone Said Among Bidders for Fidelity & Guaranty Life

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Ares Management LP and Blackstone Group LP are among bidders vying to acquire Fidelity & Guaranty Life, people familiar with the matter said, as the insurer looks for a home after nixing a sale last month to a Chinese conglomerate. The U.S. buyout firms are preparing to make a new…

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