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Strategies & Market Trends : Value Investing

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To: Investor2 who wrote (48319)6/14/2012 7:17:22 PM
From: Bocor   of 78673
 
Speaking of bottom feeding:

BUENOS AIRES/MEXICO CITY, June 14 (Reuters) - Mexican tycoon Carlos Slim and his family have taken a stake in Argentina's recently renationalized energy company YPF in lieu of a loan guarantee, but they have no plans to increase it for now, his spokesman said.

YPF said in a filing with the U.S. Securities and Exchange Commission that the Slims now own 8.4 percent of Class D shares of the company. It was not immediately clear how big an overall stake that represented.
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