Loeb's Third Point Exited Amgen (AMGN); Continues to Hold Allergan (AGN), Baxter (BAX)
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Dan Loeb's Third Point LLC sold out of Amgen (NASDAQ: AMGN) in Q2, continued to hold its Allergan (NYSE: AGN) stake and continues to see meaningful upside in Baxter (NYSE: BAX), according to an investors letter.
The firm is also long over $1 billion in energy credit and completed a private investment in Didi in Q2.
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