After hours: January 2 at 6:04:21 PM EST Loading Chart for AVY ...

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Fortune’s Term Sheet newsletter covers the latest news, insights, and analysis on private equity, venture capital, start-ups, mergers and acquisitions, high-value deals, and the dealmakers ...

The 49ers have picked up a young defensive player off waivers, likely with an eye toward next season. Via Tom Pelissero of NFL Media, the 49ers claimed cornerback Tre Avery off of waivers on Monday.

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