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UBS hires Houlihan Lokey's Novak for activism defense

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UBS Group AG has hired Darren Novak, a managing director at Houlihan Lokey Inc, in its New York office to advise companies on how to defend themselves against activist investors, a spokeswoman for UBS said on Wednesday. UBS's hiring of Novak comes as the Swiss bank scales back its traditional…

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Click here to read the full story: Reuters

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