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Joel Hruska - Fri, Jul 08, 2011
Phone maker HTC is taking heat from investors over its decision to purchase S3 Graphics. Citigroup cut its rating on HTC citing corporate governance concerns. There's a definite connection between the two--S3 is partly owned by HTC Chairwoman Cher Wang, a fact that raises concerns over just how necessary the deal was. Normally, HTC might have...
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