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Regulator Nixes Fintech's $960M Bid For Telecom Argentina

By Maya Rajamani (October 16, 2015, 4:54 PM EDT) -- Argentina's information technology and communications regulator on Friday said its board has "unanimously rejected" distressed debt investment firm Fintech's $960 million bid to take over Telecom Italia's controlling interest in Telecom Argentina, saying the firm has not demonstrated the "experience or expertise" needed to run the business....

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