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Home » Store » Taxable » Greenlight Seeks Larger Say In Direction of New Century

Greenlight Seeks Larger Say In Direction of New Century

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New Century Financial could face a fight at its upcoming shareholders meeting – a major stakeholder plans to try to force an effort to elect members to the lender’s board of directors. The tussle involves equity firm Greenlight Capital, which owns a reported $220 million of New Century stock, giving it close to a 10 percent stake in the company. …
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