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Activist investor urges FairPoint to sell itself


Activist investor Maglan Capital renewed calls for FairPoint Communications to put itself up for sale after the company’s CEO suggested he would rather be a buyer than a seller. New York-based Maglan Capital, which owns 7.5 percent of FairPoint’s outstanding shares, fired off a letter to the board on Thursday, reiterating its belief that the...
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Source: New York Post


20:09, August 4, 2016 Josh Kosman

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