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  • Global business briefs from the Economist
    Yahoo said it will buy back 40 million shares, valued at $1.2 billion, from Third Point , a hedge fund headed by Daniel Loeb. Shares in the Internet giant have almost doubled in value since the activist investor helped to boot out Scott Thompson and install Marissa Mayer as boss a year ago.
    July 29, 2013 - Minneapolis-St. Paul Star Tribune

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