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ValueAct takes $1 billion stake in Meta, source says
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ValueAct takes $1 billion stake in Meta, source says
Nov 12, 2024 8:50 AM

Nov 12 (Reuters) - Hedge fund ValueAct Capital has taken

a $1 billion stake in Facebook and Instagram-parent Meta

Platforms ( META ), a source familiar with the matter said on

Tuesday.

Meta did not immediately respond to a request for comment.

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