Jana Partners Sells Whole Foods Stake - News Summed Up

Jana Partners Sells Whole Foods Stake


Jana Partners LLC, the activist hedge fund whose push to shakeup Whole Foods Market Inc. helped prompt Amazon.com, Inc. to buy the natural grocer, has sold its stake in the company. Jana has sold its entire stake in Whole Foods, according to a corporate filing. The hedge fund became Whole Foods’s second-largest shareholder in April, amassing a nearly 9% stake and demanding sweeping changes at the troubled grocer as it struggled to...


Source: Wall Street Journal July 19, 2017 20:58 UTC



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