Fairpoint foresees big cash surplus

In an apparent reversal of fortune from a year ago, Fairpoint Regional Utility now expects a financial surplus that could rise to about $12 million during the next decade.

Further, recent changes to Fairpoint’s board are already signaling its increased independence of influence from City of Gulf Breeze officials who campaigned last year for a controversial restructuring of the cooperative’s debt.

Read the full article in the April 5 issue of Navarre Press. Visit www.navarrepress.com/subscribe to view subscription options.

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