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Activist Campaigns Slow As Targets Get Harder to Find

Many high-flying activists are struggling this year, at the same time that few obvious investments are materializing.

       William Ackman, Pershing Square (Bloomberg) Does it seem like activist activity has slowed to a crawl in recent months? Gone are those days when three new campaigns would be announced in a single day. Well, it turns out the data does corroborate the anecdotal evidence but only to an extent. According to financial

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