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The summer camp for billionaires, which just kicked off in Sun Valley, has yielded some blockbuster deals over the years

The Allen & Co conference in Sun Valley is referred to as a summer camp for billionaires. The meetings that happen there can lead to some blockbuster deals.

Left to right: Apple CEO Tim Cook, Time Warner CEO Jeff Bewkes, and Apple senior VP of software and services Eddy Cue

The so-called summer camp for billionaires kicks off this week, as tech and entertainment industry moguls convene in Sun Valley, Idaho for the annual Allen & Co conference.

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