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Fly News Breaks for June 1, 2015
MRVL
Jun 1, 2015 | 08:46 EDT
Susquehanna believes a strategic alternative is likely for the Marvel handset business. The firm said based on its last conference call, management understands the urgency in acting with respect to its mobile business and feels spinning it out would make a lot of sense. Susquehanna reiterated its Positive rating and $18 price target on Marvel shares.
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