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Market Chatter: Markel Group Pushed by Jana to Divest Ventures, Repurchase $2 billion of Stock

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-- Markel Group (MKL) is being urged by Jana Partners to divest its venture arm and to repurchase $2 billion of its shares to boost the stock price, Bloomberg reported Thursday, citing a letter sent to Markel's board that it reviewed.

Markel and Jana didn't immediately reply to requests for comment from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: $1775.87, Change: $+16.66, Percent Change: +0.95%

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