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Top U.S. hedge funds cling to eBay, Apple in fourth quarter

By Sam Forgione NEW 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 showed on Friday. Farallon Capital Management took a new stake of 3,295,000 shares in the online auction house and Leon Cooperman …

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