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Wednesday, June 2, 2021

Activist hedge fund Elliott Management holds big Dropbox stake

 Elliott has told Dropbox it is the company’s largest shareholder after Chief Executive Officer Drew Houston, the people said. That suggests the hedge fund owns a stake of more than 10%, worth well over $800 million. The two sides have been in talks since earlier this year.

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Activist hedge fund Elliott Management holds big Dropbox stake

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