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UBM May Face Breakup as Hedge Fund Amasses Stake, Times Reports 2014-01-26 10:41:42.272 GMT
By Nicholas Larkin Jan. 26 (Bloomberg) -- Hengistbury now 2nd-biggest investor w/ 5.2% stake in GBP1.7b-valued UBM, Sunday Times reports, w/o saying where it got information. * UBM may be broken up or forced to sell PR Newswire unit * Hengistbury set up in 2011 by Stuart Powers; unclear whether it will move for disposal
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To contact the reporter on this story: Nicholas Larkin in London at +44-20-7673-2069 or nlarkin1@bloomberg.net
To contact the editor responsible for this story: Claudia Carpenter at +44-20-7330-7304 or ccarpenter2@bloomberg.net