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Winding road

9 May 2017 By Robert Cyran

Verizon trumped AT&T with a $2.3 bln bid for Straight Path, an owner of spectrum touted for 5G wireless service. The original 200 pct premium is now 400 pct. Many investors clearly underappreciated the security’s value. There’s a decent chance suitors are now overestimating it.

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