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Jeffrey Ubben's Biggest Battle Yet: Microsoft

The activist investor is betting big on a turnaround at the software company, but other hedge fund managers, including David Einhorn, think it's a losing proposition.

       ValueAct Capital founder Jeffrey Ubben; Photo credit: (Kellogg School of Management, Northwestern University)ValueAct Capital’s Jeffrey Ubben is doubling down on his biggest and most high-profile target ever. The San Francisco–based activist hedge fund manager, who made his initial investment in Microsoft in the first quarter, expanded his stake in the company by

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