ValueAct takes $1 billion stake in Meta, source says

Forex Piața materiilor prime Piața bursieră Criptomonedă

(Reuters) - Hedge fund ValueAct Capital has taken a $1 billion stake in Facebook and Instagram-parent Meta Platforms (NASDAQ:META ), a source familiar with the matter said on Tuesday.

Meta did not immediately respond to a request for comment.

Source: Investing.com

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