May 27, 2011

ASBESTOS UPDATE: M&F Posts $20MM Pneumo Abex Charges in 1stQ

COMPANIES: M & F Worldwide Corp
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M & F Worldwide Corp., during the three months ended March 31, 2011, recorded a charge of US$20 million as a result of payment obligations regarding the Pneumo Abex LLC settlement.

The Company’s non-operating contingent claims were generally associated with its…

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