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Fly News Breaks for October 4, 2017
ACTA
Oct 4, 2017 | 12:48 EDT
As previously reported, Barrington analyst Vincent Colicchio downgraded Actua to Market Perform from Outperform following the stock's 25% advance since the company announced plans to sell the majority ownership of all three of its businesses and liquidate its minority investments. Colicchio thinks it is possible the company could get new and higher bids for its Bolt and Velocity businesses, but the probability of that happening is low.
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