PetSmart Rallies On Longview Stake; Does Jana Have Safeway in Mind? – ValueWalk Premium

PetSmart Rallies On Longview Stake; Does Jana Have Safeway in Mind?

PetSmart, Inc. (NASDAQ:PETM) shares are up 2.3 percent on the day after Longview Asset Management revealed a stake in the firm. Longview’s investment comes on the heals of Barry Rosenstein’s Jana Partners establishing a stake in PetSmart and sharks may be smelling blood in the water.


Board of directors' quick reaction to Jana Partners stake in PetSmart
After Jana Partners acquired a 10% stake in PetSmart, Inc. (NASDAQ:PETM), the . . .

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