Activist Stocks: Jana Partners Entering Beast Mode With QualcommGuest Post
You’ve no doubt heard the news by now, Jana Partners has made a big bet on Qualcomm. Reportedly, owning over $2 billion in stock, which is still less 2% of the company. Assuming this is true, this is Jana’s biggest bets ever. Qualcomm would make up some 19% of the fund’s portfolio.
Notice from the table above that Qualcomm overtakes Walgreens as Jana's largest holding:
The basic idea is to split the company up, forming two separate businesses -- a . . .
This content is exclusively for paying members.
If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.