Delivering the week’s top organic food news
4.11.2017
100% Non-GMO

Activist Investor Take 9% Stake in the Company, Initial Moves Do Not Impress


Yesterday, it was disclosed that activist hedge fund Jana Partners and several allies have taken a 9% stake in Whole Foods Market, and The Wall Street Journal reported that Jana “wants the chain to improve its technology and operations to better compete with larger rivals, shake up its board and find out how much a potential bidder might be willing to pay, according to a Monday regulatory filing.” So, what kind of operational efficiency is it trying to achieve?

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Max Goldberg, Editor

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