MUNICH (Reuters) - Shares in sportswear maker Adidas jumped on Wednesday on a report that a group of hedge funds is seeking to buy a stake to pressure management to make sweeping changes, although one of the funds dismissed this.
Germany's manager magazin said hedge funds including Knight Vinke, Third Point and TCI were considering buying stake in the world's second-largest sportswear company, driving a 4 percent jump in its shares.
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