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

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Seth Klarman, chief executive officer of The Baupost Group LLC, listens during an interview in New York, June 8, 2018.

Jeenah Moon | Bloomberg | Getty Images

Seth Klarman added a stake in Dropbox last quarter after the cloud storage company became a target of activist investor Elliott Management. The investor also dumped a chunk of his eBay stake after a big run this year.

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