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Third Point Buoyed by Little-Known VC Business
Third Point Ventures, launched in 2000, reaps gains from two takeovers.
Daniel Loeb, chief executive officer of Third Point LLC, at the World Economic Forum in 2007 (Photo credit: Daniel Acker/Bloomberg News). When you think about Daniel Loeb and his hedge fund firm, Third Point, you generally think activist investing. This is not surprising, since Loeb is legendary for his acerbic, antagonistic letters
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