Whole Foods Shares Leap After Jana Takes 8.3% Stake

Food and BeverageReuters

Activist investor Jana Partners disclosed an 8.3 percent stake in Whole Foods Market (NYSE: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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