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Tom Sandell Embarks on Special Event Fund

Unlike the activist fund, the latest pool will target companies already planning strategic changes.

       Sandell Asset Management's Tom Sandell Tom Sandell, founder of Sandell Asset Management in New York, has launched his second new fund in two months. Best known as an activist specialist, Sandell is attempting to rebuild his business, which managed $7.5 billion at its peak in 2008 and now stands at about

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