13F-HR 1 acn1q08.txt MAR 2008 13F UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 03-31-2008 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: THE BAUPOST GROUP, LLC Address: 10 ST. JAMES AVENUE SUITE 2000 BOSTON, MA 02116 13F File Number: 28-7120 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: PAUL C. GANNON Title: CHIEF FINANCIAL OFFICER Phone: 617-210-8300 Signature, Place, and Date of Signing: PAUL C. GANNON BOSTON, MA May 14, 2008 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form13F Information Table Entry Total: 75 Form13F Information Table Value Total: $1,647,135 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional managers with respect to which this report is filed, other than the manager filing this report. NONE
FORM 13F INFORMATION TABLE ------------------------------------------------------------------------------------------------------------------------------------ ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 ------ ------- ------ ------- ---------------- -------- -------- -------------------------- VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- 2020 CHINACAP ACQUIRCO INC COM 90212G109 2210 307000 SH SOLE 307000 A C MOORE ARTS & CRAFTS INC COM 00086T103 22726 3332200 SH SOLE 3332200 ACUSPHERE INC COM 00511R870 1246 2600582 SH SOLE 2600582 ALLIANCE ONE INTL INC COM 018772103 22157 3668442 SH SOLE 3668442 ALLSCRIPTS HEALTHCARE SOLUTI COM 01988P108 1783 172800 SH SOLE 172800 ALTERNATIVE ASSET MGMT ACQU COM 02149U101 14205 1500000 SH SOLE 1500000 ATLAS PIPELINE HOLDINGS LP COM UNITS LP 04939R108 13072 477778 SH SOLE 477778 ATLAS PIPELINE PARTNERS LP UNIT L P INT 049392103 66554 1661363 SH SOLE 1661363 AUDIOVOX CORP CL A 050757103 23227 2174800 SH SOLE 2174800 BORDERS GROUP INC COM 099709107 29183 4971600 SH SOLE 4971600 BPW ACQUISITION CORP UNIT 99/99/9999 055637201 5486 573900 SH SOLE 573900 BREITBURN ENERGY PARTNERS LP COM UT LTD PTN 106776107 13249 659800 SH SOLE 659800 CAPITOL ACQUISITION CORP DEL COM 14055E104 19299 2100000 SH SOLE 2100000 CHINA HLDGS ACQUISITION CORP COM 16942N106 9450 1050000 SH SOLE 1050000 CLEARPOINT BUSINESS RES INC COM 185061108 570 367815 SH SOLE 367815 COLUMBUS ACQUISITION CORP *W EXP 05/18/201 198851115 188 750000 SH SOLE 750000 CORE MARK HOLDING CO INC COM 218681104 8597 299113 SH SOLE 299113 CTC MEDIA INC COM 12642X106 826 29773 SH SOLE 29773 DOMTAR CORP COM 257559104 126515 18523400 SH SOLE 18523400 ENTERPRISE ACQUISITION CORP *W EXP 11/07/201 29365R116 625 1250000 SH SOLE 1250000 ENTERPRISE GP HLDGS L P UNIT LP INT 293716106 16043 536910 SH SOLE 536910 EXTERRAN HLDGS INC COM 30225X103 131618 2039318 SH SOLE 2039318 GLOBAL BPO SVCS CORP COM 378981104 15823 2158700 SH SOLE 2158700 GLOBAL CONSUMER ACQST CORP *W EXP 11/27/201 378983118 2104 2963000 SH SOLE 2963000 GLOBAL CONSUMER ACQST CORP COM 378983100 26904 2963000 SH SOLE 2963000 GOLDEN POND HEALTHCARE INC COM 38116J109 4653 633000 SH SOLE 633000 GSC ACQUISITION COMPANY COM 40053G106 7854 850000 SH SOLE 850000 HARBOR ACQUISITION CORPORATI *W EXP 04/25/201 41145X115 4 4380533 SH SOLE 4380533 HECKMANN CORP *W EXP 11/09/201 422680116 1501 2345000 SH SOLE 2345000 HECKMANN CORP COM 422680108 26075 3500000 SH SOLE 3500000 HICKS ACQUISITION CO I INC COM 429086309 11177 1217500 SH SOLE 1217500 HIGHLANDS ACQUISITION CORP COM 430880104 4767 525000 SH SOLE 525000 HORIZON LINES INC COM 44044K101 82394 4427419 SH SOLE 4427419 INNOPHOS HOLDINGS INC COM 45774N108 1745 108435 SH SOLE 108435 INTER ATLANTIC FINANCIAL INC COM 45890H100 4232 575000 SH SOLE 575000 INTL PAPER CO COM 460146103 38695 1422600 SH SOLE 1422600 ITURAN LOCATION AND CONTROL SHS M6158M104 12328 1220569 SH SOLE 1220569 KBL HEALTHCARE ACQUIS CORP I *W EXP 07/18/201 48241N115 59 235000 SH SOLE 235000 KBL HEALTHCARE ACQUIS CORP I COM 48241N107 2952 410000 SH SOLE 410000 LIBERTY ACQUISITION HLDGS CO COM 53015Y107 9212 987400 SH SOLE 987400 LINN ENERGY LLC UNIT LTD LIAB 536020100 98329 5175220 SH SOLE 5175220 MARATHON ACQUISITION CORP COM 565756103 40743 5277639 SH SOLE 5277639 MBF HEALTHCARE ACQUISITION C *W EXP 04/16/201 552650111 49 243900 SH SOLE 243900 MBF HEALTHCARE ACQUISITION C COM 552650103 4399 575000 SH SOLE 575000 MEDIA & ENTMT HOLDINGS INC *W EXP 03/09/201 58439W116 131 725000 SH SOLE 725000 MULTIMEDIA GAMES INC COM 625453105 13884 2600000 SH SOLE 2600000 NATIONAL FUEL GAS CO N J COM 636180101 4721 100000 SH SOLE 100000 NEWS CORP CL A 65248E104 230625 12300000 SH SOLE 12300000 NORTH AMERN INS LEADERS INC COM 65687M104 4269 541700 SH SOLE 541700 NRDC ACQUISITION CORP COM 62941R102 7667 834300 SH SOLE 834300 OCEANAUT INC *W EXP 01/01/201 675227110 233 496100 SH SOLE 496100 OMNOVA SOLUTIONS INC COM 682129101 23534 5898345 SH SOLE 5898345 OVERTURE ACQUISITION CORP *W EXP 01/30/201 G6830P118 420 1000000 SH SOLE 1000000 OVERTURE ACQUISITION CORP SHS G6830P100 686 74400 SH SOLE 74400 PDL BIOPHARMA INC COM 69329Y104 4888 461600 SH SOLE 461600 PROSPECT ACQUISITION CORP *W EXP 11/14/201 74347T111 1000 2500000 SH SOLE 2500000 PROSPECT ACQUISITION CORP COM 74347T103 8913 981630 SH SOLE 981630 QUANTA CAPITAL HLDGS LTD SHS G7313F106 12024 6950000 SH SOLE 6950000 SANTA MONICA MEDIA CORP COM 802501106 5437 714400 SH SOLE 714400 SAPPHIRE INDUSTRIALS CORP *W EXP 01/17/201 80306T117 2790 6200000 SH SOLE 6200000 SAPPHIRE INDUSTRIALS CORP COM 80306T109 42166 4603250 SH SOLE 4603250 SCHOOL SPECIALTY INC COM 807863105 5696 180586 SH SOLE 180586 SEANERGY MARITIME CORP SHS Y73760103 2360 250000 SH SOLE 250000 SP ACQUISITION HOLDINGS INC *W EXP 10/10/201 78470A112 885 1580700 SH SOLE 1580700 SP ACQUISITION HOLDINGS INC COM 78470A104 13269 1448600 SH SOLE 1448600 SYNERON MEDICAL LTD ORD SHS M87245102 45302 3113519 SH SOLE 3113519 THERAVANCE INC COM 88338T104 56110 5328598 SH SOLE 5328598 TM ENTMT & MEDIA INC COM 87260T108 4469 625000 SH SOLE 625000 TM ENTMT & MEDIA INC *W EXP 10/17/201 87260T116 173 525000 SH SOLE 525000 TREMISIS ENERGY ACQ CORP II *W EXP 12/05/201 89472N119 163 325000 SH SOLE 325000 TREMISIS ENERGY ACQ CORP II COM 89472N101 2389 325000 SH SOLE 325000 TRIPLECROWN ACQUISITION CORP COM 89677G109 22790 2498900 SH SOLE 2498900 VANTAGE ENERGY SERVICES INC COM 92209F102 5029 675000 SH SOLE 675000 VICTORY ACQUISITION CORP COM 92644D100 3760 400000 SH SOLE 400000 WELLPOINT INC COM 94973V107 196524 4453300 SH SOLE 4453300