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August 19, 2008

Hedge Fund Heads for the Hill-Rom

HILL-ROM HOLDINGS' stock performance of late is enough to make investors ill, but an activist hedge fund has raised its stake in the provider of medical technologies and equipment. On Tuesday, Breeden Capital Management disclosed it now owns 3,278,409 shares -- a 5.25% stake in the Batesville, Ind.-based Hill-Rom.

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