Activist Jana cashes out of Whole Foods following Amazon deal
Customers leave the Whole Foods Market in Boulder, Colorado, U.S. on May 10, 2017. REUTERS/Rick Wilking/File Photo/ (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 bought 27.9 ...
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