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Shaw CEO sells most of stake after shareholders ok CB&I deal
2013-01-01 05:43:45| Industrial Machines - Topix.net
In criticizing the deal price of $46 per share that Bernhard negotiated for Shaw, H. Kevin Byun at Denali Investors LLC speculated in a letter that Bernhard may have had political ambitions in Louisiana that influenced the timing of the sale to CB&I. Denali, which had said it owns 1.1 percent of Shaw, was asking for a special committee to ... (more)
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