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Activists Revel in Merger Mania

This month alone, at least four companies targeted by activist hedge funds have agreed to acquisitions or are discussing a deal. JANA Partners and Starboard Value are among the winners.

Well, that was fast.Less than two weeks after Starboard Value disclosed it owned 9.5 percent of Web.com, a provider of internet services, agreed Wednesday to be acquired by private equity firm Siris Capital Group for about $2 billion in cash. This is Starboard’s second portfolio company acquired this month alone,

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