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From the Blogosphere
Seth Klarman Increases Borders Stake and Invests Heavily in SPAC's
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Somehow I missed this when it was released.....sorry<>
Baupost Group head and value investor extraordinaire (by that I mean 20% plus annual returns) Seth Klarman has increased his stake in Borders Group (BGP).
Baupost now holds 5.72 million shares, up from 4.9 million held in the May filing.
What is really odd about the filing is the number of "blank check coporations" or SPAC's Klarman owns shares in.
There is :
Capitol Acquisition Corp. (CLA)- 2.1m shares
BPW Acquisition Corp. (BPW)- 1.1 m shares (including warrants)
China Holdings Acquisition Corp. (HOL)- 1.05m shares
Columbus Acquisition Corp.- ...
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Seth Klarman Increases Borders Stake and Invests Heavily in SPAC's
Somehow I missed this when it was released.....sorry<>
Baupost Group head and value investor extraordinaire (by that I mean 20% plus annual returns) Seth Klarman has increased his stake in Borders Group (BGP).
Baupost now holds 5.72 million shares, up from 4.9 million held in the May filing.
What is really odd about the filing is the number of "blank check coporations" or SPAC's Klarman owns shares in.
There is :
Capitol Acquisition Corp. (CLA)- 2.1m shares
BPW Acquisition Corp. (BPW)- 1.1 m shares (including warrants)
China Holdings Acquisition Corp. (HOL)- 1.05m shares
Columbus Acquisition Corp.- ...
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