Assured Guaranty Ltd. last week set a shareholders' meeting date of March 16 to vote on its proposed acquisition of Financial Security Assurance Holdings Ltd.

The company will ask shareholders to approve the issuance of shares to Dexia Holdings Inc., FSA's current owner. The deal, which will combine last year's two most active bond insurers, was announced in November as Dexia SA looked to reduce its exposure to the business as part of a restructuring.

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