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AP News

Brightpoint repurchases shares in settlement

Indianapolis-based Brightpoint Inc. said Friday that it has entered into a settlement agreement with NC Telecom Holding A/S to repurchase about 3 million Brightpoint shares from the Denmark holding company. NC Telecom owned Denmark-based Dangaard Telecom before Brightpoint, the world's biggest wireless phone distributor, bought the cell phone distributor in August 2007.
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