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Friday, April 19, 2024 | Back issues
Courthouse News Service Courthouse News Service

Fishy Trading

MANHATTAN - The SEC wants to know who made $1.7 million from "highly profitable and suspicious purchases of the securities of Global Industries Ltd." in the 2 trading days before Global and Technip, of France, offered to buy Global at a 55 percent premium over its market price, on Sept. 12.

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