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Whole Foods Surges After Jana Goes Activist

Monday, April 10, 2017 21:26
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(Before It's News)

zerohedge.com / by Tyler Durden / Apr 10, 2017 3:01 PM

Who says activist investors are dead, swallowed whole by the relentless passive, ETF wave?

Moments ago Whole Foods, which has seen its stock suffer a painful decline for the past two years, spiked on a WSJ report that Barry Rosenstein’s Jana Partners has amassed a 9% stake in WFM and is pushing the organic grocer to speed up its turnaround efforts while also exploring a possible sale.

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The post Whole Foods Surges After Jana Goes Activist appeared first on Silver For The People.



Source: http://silveristhenew.com/2017/04/10/whole-foods-surges-after-jana-goes-activist/

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