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Lynch Interactive Corp

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July 11, 2006 | From Bloomberg News
Lynch Interactive Corp., a communications holding company run by money manager Mario Gabelli, agreed to pay $34 million to settle claims that it participated in a scheme to defraud the U.S. government in bidding for cellphone licenses. The settlement has not yet been approved by the court, the Rye, N.Y.-based company said in a statement Monday. Gabelli, chairman and chief executive of Lynch Interactive, was also named in the suit filed in 2001 under the federal False Claims Act.
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BUSINESS
July 11, 2006 | From Bloomberg News
Lynch Interactive Corp., a communications holding company run by money manager Mario Gabelli, agreed to pay $34 million to settle claims that it participated in a scheme to defraud the U.S. government in bidding for cellphone licenses. The settlement has not yet been approved by the court, the Rye, N.Y.-based company said in a statement Monday. Gabelli, chairman and chief executive of Lynch Interactive, was also named in the suit filed in 2001 under the federal False Claims Act.
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BUSINESS
May 28, 1999 | Bloomberg News
Among the new and revised stock ratings issued Thursday by Wall Street analysts: * American Classic Voyages Co. (ticker symbol: AMCV; close and change: $17.31, up 63 cents) was raised to "buy" from "accumulate" by A.G. Edwards & Sons, with a price target of $30. * Autozone Inc. (AZO; $29.75, down $1.38) was downgraded to "market perform" from "buy" by Donaldson Lufkin & Jenrette Securities. * Compuware Corp. (CPWR; $30.
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