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Hedge Funds Invest Heavily In EBay, Facebook And Others

Ebay, the e-commerce consumer-to-consumer marketplace, became a favorite of investors recently, in advance of activist-investor Carl Icahn’s urgings to sell off its PayPal subsidiary. According to a CNBC report, leading hedge funds Farallon Capital Management and Omega Advisors both invested heavily in the company, with Farallon taking a new stake …

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Top US hedge funds cling to eBay, Apple in fourth quarter – Reuters

Top US hedge funds cling to eBay, Apple in fourth quarterReutersNEW YORK (Reuters) – E-commerce auction house eBay Inc became a darling among top U.S. hedge funds in the fourth quarter just before billionaire activist investor Carl Icahn urged the company to spin off its PayPal payments business, regulatory filings … …

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