Stock Groups

Seth Klarman builds a stake in Dropbox, is still betting big on SPACs

by Mike Robinson

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Seth Klarman (chief executive officer, The Baupost Group LLC) listens as he speaks during an interview held in New York on June 8, 2018.

Bloomberg | Bloomberg | Getty Images

Seth Klarman purchased a share in DropboxLast quarter, after cloud storage company was made a target by activist investor Elliott Management. He also sold a large portion of his holdings. eBayAfter a strong run in this year’s market, stake.

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