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Why Dan Loeb Loves Yum! Brands And Devon Energy
2015-05-04 03:02:02| Energy - Topix.net
In his first quarter investment letter, Third Point's Dan Loeb notes that the hedge fund has taken large stakes in two companies: Devon Energy Corp and Yum! Brands, Inc. . Yum! Brands moved sharply higher Friday following the announcement, gaining nearly 7 percent to $91.90.
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