US Cellular won’t sell despite Gabelli’s pleas

Josh Kosman
Fri, 07 Apr 2017 22:59:53 -0400

Mario Gabelli’s decades-long frustration with United States Cellular Corp. may be reaching a new high. The legendary investor has been the leading outside shareholder in the family-controlled cellular operator for years and, despite eroding revenue and a falling stock price, cannot get the Carlson family to put the business up for sale. That’s even though...