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Fox Shift Stirs Speculation about ValueAct’s Role

Jeffrey Ubben’s firm often seems to be around for big changes. Did he play a role in Rupert Murdoch’s decision to turn over the CEO’s job to his son?

Thursday was another reminder to never underestimate the persuasive powers or judgment of Jeffrey Ubben and the folks at ValueAct Partners. When the San Francisco hedge fund disclosed in mid-May it owned more than 43.5 million shares of Twenty-First Century Fox, or 5.5 percent of the total outstanding, some skeptics wondered

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