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Published: November 15, 2006
Pre-Paid Legal cancels its stock buy-back plan
ADA — Pre-Paid Legal Services on Tuesday abruptly canceled a planned stock purchase just four days after announcing it would pay $27.4 million to buy 12 percent of four company insiders' holdings.
The action was in response to "Monday's share price action and comments from several outside shareholders," according to a news release issued Tuesday morning.
Calls to the Ada company were not immedia...
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