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Blue Harbour Discloses Core Holding in Babcock & Wilcox

Clifton Robbins’s activist hedge fund firm raises $700 million, boosting total assets by 30 percent.

Clifton Robbins’s Blue Harbour Group disclosed it owns more than 6.6 million shares, or 6 percent, of the Babcock & Wilcox Co., according to a 13D filed Thursday. The stock becomes the Greenwich, Connecticut, activist hedge fund firm’s tenth current core holding. The firm also recently brought in about $700 million in new

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