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Groupon shares climb after hedge fund buys a stake

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NEW YORK (AP) — Shares of Groupon Inc. added more than 10 percent Tuesday after a hedge fund said it bought a 9.9 percent stake in the battered online deals company. THE SPARK: Tiger Global Investments LP disclosed its purchase of 65 million shares in a securities filing on Monday. Tiger Global also owns a small stake in Facebook Inc. BACKGROUND: Groupon Inc. pioneered the online daily deals...

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