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Old 08-25-2015, 05:49 AM
sonia sharma sonia sharma is offline
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Join Date: Aug 2015
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Default Third Point settles with U.S. over 2011 Yahoo disclosures

The settlement, announced on Monday by the U.S. Department of Justice and Federal Trade Commission, resolves claims that Third Point took five weeks too long to tell antitrust regulators it planned an activist stake in Yahoo, after having crossed a threshold requiring disclosure. Third Point will not pay a fine but entered a five-year agreement to make appropriate disclosures.
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