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Blue Harbour Takes Activist Stake in Wesco International

The low-profile hedge fund significantly increased its stake in Wesco this year.

Cliff Robbins’ Blue Harbour Group has taken its second publicly-known activist position in three months.The hedge fund firm said in a regulatory filing that it more than doubled its stake in Wesco International to nearly 3.4 million shares, or 7.2 percent of the electronics distributor. It paid roughly between $57

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