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BRIEF-Maguire supports Novatel's plan of mobile broadband business sale
October 19, 2016 / 1:00 PM / a year ago

BRIEF-Maguire supports Novatel's plan of mobile broadband business sale

Oct 19 (Reuters) - Novatel Wireless Inc :

* Maguire Asset Management Llc says it is supportive of Novatel’s decision to sell its mobile broadband business

* Maguire Asset Management Llc says it believes that Novatel Wireless Inc will eventually be acquired by a “major telecommunications carrier”

* Maguire Asset Management Llc says it owns 5 percent of Novatel Wireless as of October 19, 2016 versus 5.9 percent ownership as of July 2015 - SEC filing Source text: (bit.ly/2ekhSCj) Further company coverage:

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