We use our own and third-party cookies to optimize your experience on this site, including to maintain user sessions. Without these cookies our site will not function well. If you continue browsing our site we take that to mean that you understand and accept how we use the cookies. If you wish to decline our cookies we will redirect you to Google.
Already have an account? Sign in.

 Remember Me | Forgot Your Password?

Jana Partners Acquires Almost 9-Percent Stake In Whole Foods; Wants Retailer To Speed Up Turnaround

April 11, 2017: 12:00 AM EST
Activist investor Jana Partners LLC has acquired an 8.8-percent stake in specialty retailer Whole Foods Market Inc. Apparently not satisfied with the retailer's current directions, Jana Partners wants Whole Foods to speed up its turnaround efforts and to consider the likelihood of being acquired by another company. Whole Foods has so far failed to transform itself from being a popular niche player into a large, national retail chain. Since peaking in 2013, the retailer's stock has lost almost half of its market value.
David Benoit et al., "Activist Investor Jana Partners Takes Nearly 9% Stake in Whole Foods", The Wall Street Journal, April 11, 2017, © Dow Jones & Company, Inc.
North America
United States of America
Companies, Organizations
Deals, M&A, JVs, Licensing
Developed by Yuri Ingultsov Software Lab.