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Activist Funds Aren’t All Bad, Studies Say

They’ve got a reputation as being demanding, secretive and interested only in quick profits, but new research suggests otherwise.

Activist hedge funds have a bad reputation as argumentative vultures that swoop in to strip a foundering company of its board and remaining dignity. But that reputation may be unfounded — at least, according to new research that finds activist funds aren’t always the bad guys they’re often made out

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