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Corsair Capital Takes a 6.6% Stake in Perion Network

Corsair Capital, Perion: Jay Petschek And Steven Major‘s Corsair Capital is a value-driven investment manager that specializes in restructuring/distressed scenarios. The firm just disclosed a 6.6% stake in Perion Network Ltd (NASDAQ:PERI), a digital media company known for its Smilebox, Sweet IM and IncrediMail applications.

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