Activist Jana Cashes Out Of Whole Foods Following Amazon Deal

www.oann.com | 5/10/2017 | Staff
(Reuters) – Activist investor Jana Partners LLC cashed out of its position in Whole Foods Market Inc , a regulatory filing showed on Wednesday, after the upscale grocer agreed to be acquired by Amazon.com Inc in a $13.7 billion deal last month.

Jana, which was Whole Foods’ second-largest shareholder with an 8.2 percent stake, made a profit of over $300 million on the sale, according to Reuters calculations.

Jana - Shares

Jana bought 27.9 million shares of...
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