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Activist Says SemGroup Worth $104 Per Share In Sale
Monday, January 26, 2015 - 12:41pm | 273SemGroup Corp (NYSE: SEMG) shares jumped Monday on news that an activist shareholder is pushing for a sale of the pipeline company. SemGroup could be worth $104 a share in a sale, the hedge fund Sandell Asset Management Corp. told SemGroup managers in a letter released Monday. The company...