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Howard Jonas Imperiled $3B Straight Path Sale, Director Says

By Jeff Montgomery ( September 2, 2022, 9:10 PM EDT) -- A former Straight Path Communications director testified Friday that board negotiators faced a "non-trivial risk" that controlling stockholder Howard Jonas would "blow up" what became a $3.1 billion sale of the company in order to block claims against its former parent IDT Corp., which he controlled....

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