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Did Activists Signal Their Next Targets in the Recent Quarterly Filings?

New positions disclosed in quarterly 13F filings by TCI, Starboard, and others raise some interesting possibilities..

  • By Stephen Taub

       Jeff Smith, chief executive officer and chief investment officer at Starboard Value (photo credit: David Paul Morris/Bloomberg) Christopher Hohn’s TCI Fund Management took small stakes in two different major railroads — Norfolk Southern Corp. and Union Pacific Corp. — in the second quarter. The London-based activist firm, which surged 19 percent

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