The activist investor was instrumental in pushing Whole Foods to sell itself. In 3 months the hedge fund made more than 300 million in profits. As per a regulatory filing, activist investor Jana Partners LLC has cashed out of its… Read More ›
Jana Partners
Icahn boosts his stake in Bristol-Myers Squibb giving rise to takeover rumours
The company has added three new directors to its board, thus extending it to 14 directors. NY-based activist investor, JANA partners has boosted its stake in the company, although sources say it is less than 1%. In a move that… Read More ›
Kate Spade’s looking for a deal: WSJ
Increased competition and its focus on brick-and-mortar stores instead of online shopping models could be some of the reasons for its lackluster performance. Its underpriced shares have attracted sharks, with hedge funds stating that it could make a good acquisition…. Read More ›
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