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Broadband

CenturyLink shareholder calls for sale of fibre assets

Wednesday 20 February 2019 | 09:16 CET | News
CenturyLink shareholder Southeastern Asset Management has called for the company to sell its fibre network assets. The investor said it disagrees with the company's plan to reduce dividends and will seek to appoint new board members who support its divestment strategy. CenturyLink said it welcomed the feedback from shareholders and expects to nominate a proposed director from Southeastern.

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Categories: Fixed
Companies: CenturyLink
Countries: United States
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