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Fly News Breaks for March 16, 2017
CALL
Mar 16, 2017 | 07:34 EDT
Oppenheimer analyst Timothy Horan went to Not Rated on magicJack from his Perform rating as he expects a sale but has no visibility. The analyst says the strategic review is going to drive volatility in the stock, while noting that the company stated it has an outstanding takeover bid at $9.50/share with committed financing.
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