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Activist hedge fund reveals Groupon stake

Chicago Tribune – JANA Partners, an activist hedge fund run by billionaire Barry Rosenstein, has revealed a stake in Groupon and Zynga, two of the most battered technology stocks.

Shares of both companies jumped on the news. JANA, which oversees more than $4 billion in U.S. stock holdings, disclosed stakes of 24.6 million Zynga Inc class A shares and 21.9 million Groupon Inc class A shares in regulatory filings on Wednesday.

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