Active Value Advisors, the largest single shareholder in Cordiant, said on Friday in a regulatory filing that it had bought 30 million more shares of Cordiant stock, increasing its stake to 23.94 percent _ just below the amount needed to block the WPP Group deal, which was announced on Thursday.
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Active Value Advisors, the largest single shareholder in Cordiant, said on Friday in a regulatory filing that it had bought 30 million more shares of Cordiant stock, increasing its stake to 23 . 94 percent _ just below the amount needed to block the WPP Group deal, which was announced on Thursday.
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