Technicolor lowers outlook, says no M&A planned

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(Telecompaper) Technicolor said it’s no longer considering any strategic M&A and also lowered its outlook for full-year EBITDA. The company said that it is “not engaged in any strategic discussions including any related to the Connected Home business”. This follows the announcement in November that it was looking at possible deals. 
Source: Industry News (syndicated from Telecompaper.com)

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