Telephone and Data Systems: Pending Spectrum Sales Set To Drive Further Deleveraging

While Telephone and Data Systems' ( TDS ) preferreds are trading at a double-digit discount to their liquidation value per share and are paying a nearly 8% current yield, they face near-term headwinds from long-term TreasuryThe equity market is a powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. Pacifica Yield aims to pursue long-term wealth creation with a focus on undervalued yet high-growth companies, high-dividend tickers, R ...