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Bowing To Activist, PetSmart Heads To Selling Block

By Karlee Weinmann ( August 20, 2014, 1:18 PM EDT) -- PetSmart Inc. confirmed late Tuesday it put itself on the selling block more than a month after hedge fund Jana Partners LLC began needling for the move, reinforcing activist investors' sway in a retail sector that has struggled to rebound post-financial crisis....

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