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FEB 14, 2014 - MarketWatch

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Dan Loeb takes stakes in BlackBerry, T-Mobile

SAN FRANCSCIO (MarketWatch) -- Third Point, headed by billionaire fund manager Dan Loeb, has put more money into struggling mobile device makers. According to a 13-f filing released late Friday by the Securities and Exchange Commission, the fund took a 10-million-share stake in BlackBerry Ltd during the fourth quarter, raised its stake in Nokia Corp. to 4.5 million shares from 2 million in the third quarter, and took a new 7.6-million-share position in T-Mobile US Inc. . The fund also bought 7.73 million shares of Dow Chemical and 3.3 million shares of Abbott Labs . Other additions to the ... Read More

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