Jeff Ubben: ValueAct to Return $1.25 Billion To Investors Citing Overvaluation

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One of the funds we follow closely here at The Acquirer’s Multiple – Stock Screener is ValueAct Capital Management, run by Jeff Ubben. Bloomberg recently reported that Valueact had decided to return $1.25 billion to investors in May because of concerns that company valuations are expensive, it’s a must read for all investors. Here’s an excerpt from that article: