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Posted February 19. 2013 1:57PM

Shorts battle longs over rural Fairpoint Communications

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The Charlotte, N.C.-based carrier has inspired a long-running war on Wall Street between short-sellers who think Fairpoint is ripe for failure and longs including Angelo, Gordon & Co. and John Paulson, who think the company is on the verge of reaping the benefits of a big investment in fiber optics