Cellcom Israel (CEL) Denies Rumor Related to Prelim. Talks About Possible Sale

July 9, 2012 11:49 AM EDT Send to a Friend
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Shares of Cellcom Israel (NYSE: CEL) are under pressure Monday as the company denied rumors its controlling shareholder Nochi Danker has held discussions with David Azrieli of Azrieli group related to a possible sale of the company.

The stock last traded at $6.31, down more than 9 percent from Friday's closing price.


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