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Cadian Cashes Out of Several Top Holdings

The red-hot tech-oriented hedge fund saw several of its biggest investments become targets of deals in recent months.

Cadian Capital Management may not be an activist or an arbitrageur — but since the second quarter, at least four of the companies in which the long-short equity hedge fund has invested have been acquired, agreed to be taken over, or merged.The deals have helped the firm’s flagship Cadian Fund

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