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News Breaks | | | | October 1, 2012 | | 09:04 EDT |  | SHOR | ShoreTel says former M5 stockholders won't sell stock for at least 6 months
ShoreTel announced that six of the largest former M5 stockholders, including Dan Hoffman, president and general manager of ShoreTel Cloud Division, have notified ShoreTel that despite the recent release of the lockup of a portion of their shares, they currently do not intend to sell their stock for at least an additional six months. “We fundamentally believe ShoreTel’s stock is undervalued today,” explained Alan Patricof, Managing Director, Greycroft Partners. “ShoreTel continues to make the right moves to grow shareholder value therefore our firm, as well as five additional top M5 stockholders, plan to hold our shares a minimum of six more months.” | |
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News For SHOR From The Last 14 Days Check below for free stories on SHOR the last two weeks. |
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| June 10, 2013 | | 07:16 EDT |  | SHOR | Credit Suisse to host a conference
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