This content is from: Premium
Baupost Group Takes a Large Stake in Intel
The computer-chip giant has also been targeted by activist hedge fund Third Point.

Seth Klarman’s Baupost Group initiated a huge new stake in Intel Corp. in the fourth quarter.The hedge fund firm bought more than 18 million shares valued at over $900 million, immediately making the computer-chip maker the firm’s third-largest long position in U.S. listed common stock, according to Baupost’s fourth quarter
To continue reading, subscribe now to Premium Journalism. Already a subscriber? Login.