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UBMWed, 11th Jan 2017 13:32
By Jonathan Stempel Jan 20 (Reuters) - A trader from an Atlanta suburb admitted to involvement in what U.S. authorities have called a more than $100 million international insider trading scheme that involved hacking into networks that distribute corporate news releases. Igor Dubovoy,
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(Adds details on court hearing) By Nate Raymond NEW YORK, Dec 21 (Reuters) - A Georgia-based real estate developer pleaded guilty on Monday to participating in what U.S. authorities say was a $100 million insider trading scheme that involved hacking into networks that distribute corpo
Read more(ShareCast News) - UBM's disposal of PR Newswire prompted The Times' Tempus to rate the shares at 'buy long term' on Wednesday. The FTSE 250 company agreed to the $841m (£554m) sale to US group Cision, leaving it to focus on its events business. UBM, which should net an impressive £498m after costs
Read more** UBM up c.3 pct & tops Stoxx 600 media index after the British communications and events company agrees to sell its press release distributor PR Newswire to Cision, a provider of public relations software ** Total sale price of $841 mln (555 mln stg) represents c.11.2X PR Newswire's 2014
Read more(ShareCast News) - UBM has agreed the sale of its PR Newswire arm for $841m (£554m) to US group Cision, leaving it to focus on its events business. UBM, which should net an impressive £498m after costs, plans to reward shareholders with a £245m special dividend, with the remainder reinforcing its wa
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