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Third Point Posts Decline in June, Barely in the Black for the Year

The sometime-activist, which recently turned up the heat on Swiss food and beverage giant Nestlé, lost money last month on its short bets.

Dan Loeb’s Third Point Offshore suffered a setback in June. As a result, it is now barely positive for the year.The multistrategy hedge fund firm best known for its activism lost 0.40 percent for the month, trimming its gain for the year to just 0.80 percent, according to its June

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