Whole Foods Shares Leap After Jana Takes 8.3% Stake

Food and Beverage Reuters

Activist investor Jana Partners disclosed an 8.3 percent stake in Whole Foods Market (WFM).  and said that it intends to hold discussions with the company's board about exploring possible strategic options.

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Jana, which is the second biggest shareholder in the organic and natural food grocer, said it was also prepared to nominate members to Whole Foods' board, a regulatory filing showed on Monday.

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