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June 26 (Reuters) - Paulson & Co. Inc:
* Paulson & Co. Inc reports 6.3 pct stake in Valeant as of June 14 - SEC filing
* Paulson & Co says acquired the securities of Valeant on belief that securities, when acquired, were "undervalued"
* Paulson & Co - stake in Valeant excludes cash-settled swaps representing economic exposure comparable to 862,500 additional shares of common stock Source text: (bit.ly/2rUDJGQ)